Investment Officer Luxembourg

Although Luxembourg decided not to “gold plate” the EU Cross-Border Distribution Directive for funds, other member states have moved to add their own local requirements when transposing the legislation. What should asset managers be looking for as these rules are rolled out?

The Chinese stock markets have been on fire for a few weeks now. The large price losses have also surprised local fund managers, and investors are wondering whether they can still invest in the country with peace of mind. Fund manager David Raper (photographed above) thinks these concerns are somewhat exaggerated.

Jay Powell was appointed by Trump. Trump denied Janet Yellen, the previous chair of the Federal Reserve, another term in 2018. Trump preferred to have his own pawn. He did not succeed. Powell and thus the Federal Reserve remained independent. Next year Powell can be replaced, but it will not be easy.

“There is a lot of uncertainty around inflation and monetary policy in the United States. This clouds the outlook for equity markets. In the long term, Asian equities offer the best investment opportunity.”

PGIM Investments has seen the assets under management in its UCITS fund range in Europe double from 4.8 to 9.6 billion US dollars in the past 1.5 years. This increase is mainly due to new inflow and to the fact that the American asset manager, as an active house, charges competitive fees.

By only investing in the best of the best, sustainable investors are harming their interests, says Henrietta Pacquement, manager of the Wells Fargo Climate Transition Global Investment Grade Credit fund.

What can we expect from China’s regulator in the coming period? This is a vital question given the restrictions recently imposed by Beijing in the education sector. Among other things, antitrust risk hangs over the market, with the government trying to address economic dominance.

Allianz Global Investors can now offer an extensive thematic range, which was recently completed with a fund that invests in companies that offer solutions to various food challenges in our societies. Demand is expected to rise sharply by 2050.