Gestionnaires de patrimoine

Indosuez Wealth Management vient de finaliser le rachat de Degroof Petercam. Cette alliance donne naissance à un nouveau leader européen de la gestion de fortune, avec quelque 200 milliards d’euros d’actif clients.

Le rachat de Degroof Petercam renforce la présence de Crédit Agricole, sa société mère, en Belgique et dégage des « synergies importantes avec les différents métiers du Groupe », a déclaré Indosuez Wealth Management mardi soir dans un communiqué de presse.

Asset managers are expressing concerns over the European Commission’s lack of a clear definition for «value for money,» arguing its subjective nature complicates the assessment of investment service costs amidst new regulatory pressures.

Degroof Petercam, Belgium’s largest private bank, on Wednesday reported a double-digit decline in its full year net profit because of one-time costs related to sale of a majority stake to France’s Credit Agricole group and due to higher tax pressure.

Addressing its business performance, the firm said its private banking business improved due to higher interest rates, while its asset management and corporate finance activities faced declines in revenues.

Despite constant new regulations and sophisticated technology, one of the main reasons why money-launderers and terrorism financiers continue to succeed is a simple lack of qualified personnel able to make effective use of such tools, according to a recent survey carried out in the Europe, Middle East and Africa (EMEA) region by global accounting firm PwC.

Les ETF continuent de gagner des parts de marché et les fonds à gestion passive font désormais partie intégrante de la gestion d’actifs. Investment Officer a interrogé trois experts indépendants pour connaître leur point de vue concernant l’évolution du marché des ETF ainsi que les préoccupations des clients. 

Paris-based Oddo BHF Asset Management has announced the launch its first European Long-Term Investment Fund. The fund is called the Oddo BHF Commit for Tomorrow Eltif and is structured in line with the Eltif 2.0 regulation, designed to open up private equity to a wider group of investors.

The amended EU proposals for a retail investment strategy have spurred asset managers to reflect on the value the offer for the money that they take, it beame clear at a Luxembourg discussion at the ALFI conference.

Waystone Luxembourg on Tuesday said it will provide single-umbrella ManCo and related services to US-based Fred Alger Management’s SICAV range.

The partnership will add 600 million US dollars to Waystone’s AuM, raising it to 2,000 million US dollars and is part of the firm’s international expansion effort in recent years.

Some 40 new Eltif funds, enabling European retail investors to put their money in private markets, are understood to be in the pipeline, due to enter the market in the coming months.

When investors buy a company’s share, conventionally, they hope for the stock value to climb and maybe pay dividends. But there’s another way to make money on your shares – lend them to other investors to use for their own purposes, for a fee. This hasn’t been previously possible for most investors in Luxembourg. With help of a fintech, one bank has committed to make it happen.

Swissquote Bank says it intends to democratise securities lending, explaining its thinking during last week’s Swissquote Investment Day event.