Investment Officer Luxembourg

This week’s overview of transfers, appointments, promotions and other people news includes updates from Amundi, Arthur D. Little, IIA Luxembourg, ACA and EFG. 

Martin Rauchenwald

Martin Rauchenwald (photo) has been appointed as managing partner and global practice leader for financial services at Arthur D. Little. 

Sparked by a thought-provoking piece from Gregory Kennedy, the debate about Luxembourg as an international fund domicile has been engaging professionals across the industry. We’re thrilled to have Claire Guilbert, a renowned fund law expert and partner at Norton Rose Fulbright, join the conversation, marking the firm’s debut as a Knowledge Partner with Investment Officer Luxembourg.

Nearly a decade after the European Long-Term Investment Fund (Eltif) made its initial, albeit underwhelming, debut, Natixis Investment Managers heralds the arrival of its successor, Eltif 2.0. “The threshold reduction is a gamechanger,” said Anne Macey, Natixis’ Global Head of Public Affairs, in a note to investors.

The Securities and Exchange Commission (SEC) has revised its climate reporting requirements under pressure from politicians and the business community.

A significant portion of financial influencers, commonly known as finfluencers, has been found to neglect proper disclosure practices when promoting products or services, according to a study conducted by the CFA Institute. The institute is now calling on investment firms that engage with these finfluencers for promotional activities to shoulder the responsibility of ensuring compliance through adequate training.

France reported a few weeks ago that its already exorbitant budget deficit of 4.9 per cent of French GDP would be breached. And that was no lie. According to statistics agency Insee, the budget for 2023 will go into the minus by a whopping 5.5 per cent. And with that, the chances of France becoming a second Italy are rapidly increasing.

• Cocoa prices soar; shortage from weather, disease impacts
• Record deficit, over-sold futures cause price spikes
• Stabilisation attempts; high prices challenge producers, buyers

The cocoa market is reeling. Failing harvests are sending futures prices vertically upwards, and a solution seems far away. Daredevils looking to get in now are taking the risk of investing in a derailed market. 

This week’s overview of transfers, appointments, promotions and other people news includes updates from Credit Suisse, Carmignac, Zumo and European consumer interests group Beuc.

Kristofer Barrett

Kristofer Barrett (photo) has been appointed to the London-based investment team of Carmignac as global equities manager. He will join the business on 8 April 2024.