Schroders : EM private equity, the most effective way to invest for impact?
Schroders : Is emerging market private equity the most effective way to invest for impact?
Sandro Pierri of BNP Paribas AM elected EFAMA president
During a annual general meeting in Amsterdam on Friday, Sandro Pierri, CEO of BNP Paribas Asset Management, was elected as the President of European fund and asset management association EFAMA for a two-year term until June 2025.
LuxSE books €170 mln gain on Fundsquare sale
The Luxembourg Stock Exchange, also known as LuxSE, has booked a one-time gain of 170 million euro on the sale of its data subsidiary Fundsquare, it said following its annual general meeting on Friday.
The sale of Fundsquare to FE fundinfo, a London-based provider of investment fund data and technology, was completed last September. LuxSE acquired an unspecified ownership stake in FE fundinfo following that transaction.
PGIM Investments: Conditions call for an opportunistic approach to credit
Richard Piccirillo, Senior Portfolio Manager at PGIM Fixed Income, shares his views on the macroeconomic backdrop, market dynamics and credit areas that offer the best opportunities for investors.
Artificial inconsistencies
I’m a big fan of the Bank of America Global Fund Manager Survey. Firstly, because it pertains to the positioning and perspectives of real investors managing significant amounts of money. And secondly, because Bank of America tries to translate the responses given in the survey into signals and even investment decisions—something often overlooked by many “storytellers.”
Emir 3.0: mandatory clearing presence in EU stirs debate
The trade clearing industry generally likes the EU market trading rules’ proposed update, but it has much less enthusiasm about a provision based on the polity’s plan to take back control of EU trading in the post-Brexit context. Experts at an Efama event said it will increase costs, pose operational challenges and disrupt the practice of ‘block trading’, with one labelling it as an “import tax” forcing the market to “import liquidity”.
‘Crédit Agricole, ABN, Swiss to bid for Degroof Petercam’
Crédit Agricole, ABN Amro, and “one or two Swiss private banks” have been named as finalists in the bidding process for the acquisition of Belgian wealth management and investment bank group Degroof Petercam, French business daily Les Echos reported on Friday, citing multiple sources.
Unlikely startups leapfrog giants in AI goldrush
AI funds are offering investors the opportunity to capitalize on the burgeoning interest and opportunities that Artificial Intelligence presents. Using the Consensus Purity Score, Morningstar was able to rank funds based on their pure exposure to the AI theme. A top 5.
EY: ‘Talents and tax’ drive investment in Luxembourg
Luxembourg topped the list for the most direct foreign investment per capita for the second year running in EY’s Luxembourg Attractiveness Survey. But the clear sense at a press conference held to release the second edition of the survey was that the country has to work hard to keep itself in this favourable position, increasing its attractiveness, defending its financial industry against EU anti-tax avoidance directives, as well as figuring out the issue of the talent gap.
Nvidia and dawn of generative AI mark a new investment era
The artificial intelligence revolution is in full swing, and Nvidia’s recent financial performance is a testament to this transformative era. For investors as well as businesses and policymakers, the dawn of generative AI has opened the doors to a new era.