Breaking into the trillion-dollar club: Europe’s asset management challenge
European asset managers must pursue economies of scale to stay competitive with their US counterparts, argues Vincent Juvyns, a market strategist at JP Morgan Asset Management. Fragmentation across Europe’s capital markets is also a key issue that hinders competitiveness, he says.
‘Securitisation law requires update to match Ireland’
Luxembourg’s securitisation community is up in arms over watching competitor Ireland retain its role of EU leader in financial vehicle corporations and in series, despite optimism just last year over this country’s still-shiny securitisation law updated last year. The Irish implementation included provisions giving companies tax minimisation options that they can’t yet get under Luxembourg law.
Sport and Investments: former rower Emiel van den Heiligenberg (LGIM)
In 1993 he made a serious plan to participate in the Olympic Games of ‘96. Emiel van den Heiligenberg (pictured above raising his hands) trained 14 times a week, hours a day. Until, among other things, a hernia threw a spanner in the works. The competition rowing of those days still plays a role in his function as head of the asset allocation team of LGIM.