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At Commenda, family assets strive to improve the world

Where “old money” mainly sought to leave wealth intact, “new money” is going out into the wide world - to make that world a better place. Frederik Redelé, managing director of Amsterdam-based multi-family office Commenda explained to our Dutch colleagues in a Q&A session how he helps high net worth entrepreneurs make an impact.

Target-date ETFs break new ground in retirement plans

After a previous setback, BlackRock is launching new target-date ETFs, aiming at the vast market of Americans without pension plans, a move seen as promising for the self-employed.

BlackRock is reviving its target-date fund ETF series with a fresh approach, targeting the trillion-dollar market of Americans lacking pension plans, nine years after its initial failure.

More Reifs prefer Raifs for Luxembourg real estate funds

Raifs - Reserved Alternative Investment Funds - are becoming an increasingly popular way to structure Reifs - Real Estate Investment Funds - with Raifs constituting 31 percent of the funds recently surveyed. The growth comes at the expense of SIFs - Specialised Investment Funds - while the share of Sicavs remains stable.

The 17th edition of the real estate investment fund survey carried out by the Association of the Luxembourg Fund Industry, Alfi, was released this week.