« Nous avons fortement pivoté vers les obligations »
Maud Reinalter (Belfius AM) estime qu’il faut jouer les valeurs défensives et les émergents au niveau boursier, dans un contexte économique qui va rester difficile en 2024. La dette d’entreprise de qualité est également surpondérée dans les allocations.
Le Miroir avec Monique Leys : « le rôle de CEO me manque encore »
Depuis plus de 50 ans, Monique Leys marque de son empreinte l’institution connue aujourd’hui sous le nom de Dierickx Leys Private Bank. Dans Le Miroir, elle explique comment, à l’âge de 24 ans et dans des circonstances dramatiques, elle a pris les rênes de l’entreprise familiale, fait ses adieux en tant que CEO et assuré la succession familiale.
« La réglementation rend le traitement des transactions extrêmement complexe »
En plus de la réglementation accrue, le mécontentement existant depuis plusieurs années déjà à l’égard de certaines banques dépositaires est dû selon Caceis à la « machinerie de règlement compliquée » qui nécessite une attention constante. « À chaque durcissement de la réglementation, nous devons améliorer nos processus. »
Private equity investors dismiss valuation chatter as ‘noise’
Despite declining valuations in private equity, Schroders Capital’s European private equity chief Richard Damming remains confident, dismissing concerns as mere industry «noise».
In the face of fluctuating private equity valuations, Damming reassures that they remain undeterred. «You sell a company at the price you want to sell it for, and otherwise you don’t sell it,» says the head of Schroders› European PE branch.
Investors may draw short end in EU tussle over retail strategy
A divisive European Commission proposal for a unified retail investment strategy is seen as one of the final pieces of EU legislation that is due to be approved in the months ahead, before next year’s EU elections. The industry’s objections are being heard in Brussels, it has become clear in recent weeks. Investors could end up pulling the short straw, critics argue.
Quintet, Moonfare to cooperate in private markets
Quintet Private Bank, based in Luxembourg, has forged a partnership with Berlin-based digital investment platform Moonfare. The alliance aims to bolster Quintet’s private-market offerings to select clients while extending Moonfare’s distribution reach.
Credit Suisse’s Warren Hastings joins Quintet
Warren Hastings has been appointed as group co-head of investment and head of portfolio Management at Luxembourg-headquartered Quintet Private Bank.
Hastings served for the past dozen years at Credit Suisse, first in Asia and then for the previous five years in Zurich. He was most recently head of investment management, international locations, at that firm. After beginning his career at Schroders as a pan-Asian equity fund manager in London and Singapore, he then joined Standard Chartered, also in Singapore, as head of Portfolio management.
European banks more profitable than ever
The European banking sector has witnessed a remarkable resurgence, chalking up its best performance since the 2007 financial crisis, according to a recent Deutsche Bank research report. Notably, European banks have narrowed the long-standing performance gap with their US peers.
BCG’s Zakrzewski replaces Leenaars as Group COO of Quintet
Anna Zakrzewski has been appointed as the new Group Chief Operating Officer at Quintet Private Bank, headquartered in Luxembourg and active across Europe and the UK. Zakrzewski will take over from Eli Leenaars, who plans to retire at the end of the year. Her role will also extend to the authorized management committee, pending regulatory clearance.
With BlackRock, Puilaetco sets sights on next-gen wealth
As Puilaetco, a subsidiary of Luxembourg-headquartered Quintet, nears the final stages of a high-profile partnership with BlackRock, the world’s largest asset manager, the Belgian private bank is setting ambitious, forward-looking objectives. The collaboration aims to tap into next-generation wealth management, with new services expected to roll out in Q1 2024.