BNP Paribas’ Jond takes helm at Amundi Luxembourg
In a high-profile executive shuffle, Pierre Jond has been named the new Chief Executive Officer of Amundi Luxembourg, and chairman of Fund Channel, the B2B fund distribution platform jointly owned by Amundi and Caceis. The appointment took effect on September 1.
Jond succeeds Jeanne Duvoux, who is transitioning to a new role as Head of Business Support & Operations for Amundi Group, Europe’s biggest asset manager with approximately 2,000 billion euro in assets under management.
Capita’s Chantal Free appointed as CEO at Ocorian
Chantal Free has been appointed at the new chief executive officer at Ocorian, a global asset services provider that also is present in Luxembourg.
Free joins Ocorian from Capita where she was CEO of their portfolio division, leading a portfolio of businesses across a range of sectors including insurance, legal, consulting and technology. Previously she spent 23 years at Willis Towers Watson, a global risk and people consulting and brokerage firm, where she held several senior roles in Asia and Europe.
Bruno Valersteinas replaces Corpas as OneLife CEO
Bruno Valersteinas has been formally appointed as Chief Executive Officer at OneLife per 1 August, replacing Antonio Corpas who passed away due to an accident in January.
OneLife said that Valersteinas’ appointment has been approved by the Commissariat aux Assurances, the supervisor for Luxembourg’s insurance sector. He formally takes on the role as CEO and dirigeant agréé, or authorised manager.
New Raif registrations show moderate recovery in July
Reserved alternative investment fund registrations (Raifs) in July continued a moderate recovery from a slowdown earlier this year, with 31 new Raifs added to the Luxembourg Business Register list.
A disruptive age calls for a new approach to real estate investing
In this new series from Invesco Real Estate, we look at how humans across the world consume, live, innovate and connect. What impact does this have on how we use and invest in real estate?
BIL client deposits fall as earnings surge on rate hikes
Banque Internationale à Luxembourg (BIL), a Chinese-owned systemic bank in Luxembourg, on Monday posted a robust financial performance for the first half, revealing a net profit of 103 million euro, up from 68 million in the same period a year earlier. The bank attributed the surge to the current global financial environment characterized by central banks hiking interest rates to combat soaring inflation levels. Clients deposits have fallen 6.8% during the first half.
In Flux: Luxembourg asset scene sizzles
Just returned from your sun-soaked holiday? Luxembourg’s asset scene is heating up, and not just due to the weather. Dive into our latest analysis, covering everything from the CSSF’s game-changing valuation order to shifting ETF trends. This column is your essential back-to-work read!
Chart of the week: regime change or oil?
Long-term inflation expectations have risen this year.
Schroders quantifies the effects of human capital management
Schroders quantifies the effects of human capital management enhancing investment process
KPMG plans new HQ on current BGL-BNP Paribas site
KPMG Luxembourg announced Wednesday an agreement with developer BPI Real Estate to develop a new headquarters building in Kirchberg for its audit, tax and advisory services activities.
The deal includes developing a new 31,000-square-meter headquarters on the 3.23-hectare site of the Kronos Building. It will incorporate a food court and a co-working space. BPI Real Estate will develop an additional 24,658 square meters for mixed-use purposes.