Esma faces uphill battle to emerge as European SEC
In an interview with Investment Officer, Esma chair Verena Ross outlined her vision and the significant challenges ahead as the regulatory body aims to become Europe’s equivalent to the US SEC.
Crisis communication: “Everything needs to come out at once”
When asset managers come under fire, there is only one relevant question for them: how do I maintain trust? Their crisis communication should revolve entirely around that.
Can the new Texas stock exchange break the East Coast’s hegemony?
Texas aims to challenge the dominant position of New York and Delaware in the U.S. capital markets with a new stock exchange and more flexible regulation. But sufficient liquidity, reliable price discovery, and investor confidence are not easily achieved, said Onnig Dombalagian, professor of law at Tulane University.
Morningstar: DWS versus Fidelity in German equity
Germany’s economy has struggled for momentum in recent years, weighed down by structural headwinds and weak growth, yet its stock market has told a very different story.
Volatile asset classes strengthen ‘war portfolio’
Geopolitical unrest is forcing investors to reassess their portfolios. As bonds lose their strength, volatile asset classes are returning as an alternative for diversification, said Jitzes Noorman, delegated CIO and investment strategist at Columbia Threadneedle Investments.
Transfers: Pictet, Universal Invest, Deutsche Bank, Aberdeen, Block AM, LuxTrust
This week’s overview of people transfers in and around Luxembourg includes updates from Pictet, LuxTrust, Deutsche Bank, and Block Asset Management.
Private equity’s pay machine becomes a governance test
The fees private equity managers earn on successful deals are no longer just a matter of compensation. For the pension funds and insurers that bankroll the industry, the way those payouts are calculated has become a test of governance, and an increasingly important influence on where capital flows next.
Loyens & Loeff: why the Eltif label matters for the Solvency 2 LTE module
The Eltif label is emerging as more than a regulatory badge. Under Europe’s revised Solvency 2 regime, it is becoming the most reliable route for insurers to secure and retain lower capital charges in private markets, say Sebastiaan Hooghiemstra, Juliane Hurter and Daan Maas of Loyens & Loeff.
When your boss takes away your work-from-home day, your numbers get better
Imagine this: your boss can see exactly when you’re sitting at your desk, what time you arrive, what time you leave, and when you take lunch. It almost sounds like a nightmare from a dystopian novel, but for 300 equity analysts, this was daily reality between 2017 and 2021.
The price of good governance
Corporate governance is one of those topics investors prefer to push into the background as long as markets are rising. Yet the quality of corporate governance is one of the most decisive factors for the long-term valuation of an equity market.