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BLI: We invest to make money, not to beat a benchmark

The Grand Duchy hosts few portfolio management operations, despite being a world leader for cross-border asset and fund servicing. Banque de Luxembourg Investments (BLI) is an exception. According to managing director Guy Wagner: “We are a small boutique asset manager with private banking DNA.”

Pet fund benefits from ‘intersection of megatrends’

Pets are not just fun to have around, they are also an excellent investment. ‘The pet economy is growing faster than the economy as a whole every year, because it benefits from a number of megatrends that are converging,’ according to Andreas Fruschki, manager of the Allianz Pet and Animal Wellbeing fund.