Investment Officer Luxembourg

BlackRock, J.P. Morgan Asset Management, Pictet Asset Management and Robeco were announced as the major category winners of the 2021 Broadridge Distribution Achievement Awards, presented at the ALFI Global Distribution Conference held on 21 and 22 September, according to a Wednesday press release issued by ALFI, which represents the Luxembourg fund industry.

UBS Asset Managers and Candriam Investor Group were among the “Fastest Risers”.

Not all European regulations are good. Under the Sustainable Finance Disclosure Regulation (SFDR), part of the EU Green Deal, asset managers must disclose information on sustainability. The objective is thus more transparency and openness in this area. However, from the start the directive was used as a means to classify funds.

Managers of active funds, including hedge funds, are under increasing pressure to back up their investment ideas and performance with qualitative data. By using data science, they can better justify the level of their fees.

That’s according to a survey entitled “The Art of Alpha”, all about investment data science done by custodian bank Northern Trust among 300 CIOs and portfolio managers of asset managers around the world. 

A recently-introduced German initiative to make that country a more attractive domicile for investment funds through a new regime promoting the formation of development impact funds should not pose a challenge to Luxembourg’s fund industry, has argued Maren Stadler-Tjan, investment funds partner at Clifford Chance Luxembourg. 

Oddo BHF Asset Management and Métropole Gestion announce the acquisition by Oddo BHF Asset Management SAS of 100% of the share capital of Metropole Gestion, subject to approval by the French Autorité des Marchés Financiers (AMF).

This was learned by Investment Officer Belgium, Investment Officer Luxembourg’s sister publication, from the companies in question.

Andrea Carzana of Columbia Threadneedle has said the firm believes that it is now necessary to be exposed to the leaders of the future in terms of a sustainable investment strategy, and to focus on groups that are in the process of making a sustainable transition.

Floods, the Shell verdict, EU climate plans: climate change is coming to you and is increasingly becoming a factor in investment decisions. How do you deal with it? Quantification is difficult, but that makes the opportunity for fundamental investors all the greater.