Chart of the week: China’s broken growth model
The financial media are buzzing with stories about the impact of Donald Trump as president, questions surrounding the supposedly high valuation of equities, the collapse of Germany, and the meteoric rise in the price of bitcoin. However, these headlines overshadow the troubling developments in the world’s second-largest economy. It’s time to address that imbalance.
Hugo Lasat steps down at Degroof Petercam, Sylvie Huret new CEO
Degroof Petercam has appointed Sylvie Huret as its new chief executive, succeeding Hugo Lasat, who will step down at the end of 2024 after three years at the helm.
Morningstar: fast-growing Africa still fails to attract investors
The African continent appears to generate little enthusiasm among investors. In fact, the total assets under management in African equity funds are so small that the survival of many funds is in question.
Intesa’s Luxembourg private bank bets big on digital future
Luxembourg-based Intesa Sanpaolo Wealth Management is positioning itself to lead the charge into a new era of digital private banking.
Transfers: BNPP AM, Loyens & Loeff, Esma, Stibbe, Deloitte Switzerland
This week’s overview of transfers and appointments in and around Luxembourg includes updates from BNP Paribas Asset management, law firms Loyens & Loeff and Stibbe, Deloitte Switzerland, and from Esma.
Luxembourg’s balancing act
How much state is too much state in Luxembourg’s financial sector? Gregory Kennedy explores the fine balance between social welfare, competition, and the role of the state in finance.
Regulatory gap for crypto investors widens between the US and Europe
The regulatory divide for crypto investors between the US and Europe is set to widen further.
Diversification key as markets face volatile 2025
The year 2025 can only be an exceptional one for equities if geopolitical stability materialises, a prospect that seems unlikely. Large asset managers are once again emphasising diversification to withstand the anticipated volatility.
Quintet eyes broader AI boom but hedges its risks
Quintet chief investment officer Daniele Antonucci shared where the private bank has increased and decreased its exposure, plus investment trend shifts among its European clientele.
CSSF aims to set benchmark for AI-based supervision in EU
Luxembourg’s financial supervisor, the CSSF, is charting new territory with its ambitious adoption of sovereign cloud infrastructure and artificial intelligence.