Secteur

Brendan Ballou’s book «Plunder» exposes how private equity firms, like Carlyle, harm businesses and evade legal responsibility, despite promising high returns. In this interview, Ballou discusses the alarming frequency and impact of these practices.

The latest edition of the Boston Consulting Group’s (BCG) Global Asset Management Report provides a stark portrait of today’s asset management industry. Despite a robust 12 percent growth in global assets under management, reaching a formidable 120.000 billion dollars in 2023, the sector faces significant headwinds. Rising costs, eroding revenues, and the fading allure of traditional asset management approaches paint a troubling picture.

As fund managers or financial advisers, evaluating the performance of an investment portfolio and accessing pertinent information are crucial. Professors Georges Hübner (photo) from the University of Liège and Pascal François from the University of Montreal, Canada, address these queries comprehensively in their extensive work, The Complete Guide to Portfolio Performance, spanning over 1,000 pages. This book, endorsed by Nobel laureate William Sharpe, an authority in risk-return analysis, aims to become the definitive text in its field.

Religious institutions have traditionally had a unique approach to asset management and investment. In recent years, attention to climate change and socially responsible investing has become increasingly important, though widespread professionalisation remains elusive.

This week’s overview of transfers, appointments, promotions and other people news includes updates from Euroclear, Norton Rose Fulbright, Mourant Luxembourg and Pictet.

Valérie Urbain

Valérie Urbain (photo) has officially been appointed as chief executive officer of Euroclear, with her appointment having been approved at the May 3 annual general meeting. She will replace Lieve Mostrey.

Pourquoi la devise work hard, play hard est-elle absurde ? À quel point est-il difficile de garder le silence sur votre implication dans une acquisition qui va redéfinir le paysage de la banque privée ? Et pourquoi son père est-il convaincu d’avoir fait quelque chose de travers ? Joachim Aelvoet, CEO d’ABN Amro Belgique, nous l’explique dans Le Miroir, le podcast dans lequel des personnalités du secteur financier parlent de leur travail, de leur vie et de leurs passions.

Publicly listed companies with the highest ESG scores and substantial investments from ESG funds often pay the least in taxes. In many cases, they pay even less than required by law, and according to Professor Gideon Parchomovsky, institutional investors play a role in this.

The UK›s new Overseas Fund Regime (OFR) plans to integrate strict sustainability reporting for foreign investment funds by 2025, enhancing market access while maintaining a competitive investment landscape post-Brexit.

Ireland has marked a significant milestone by registering its first three European Long-Term Investment Funds (Eltifs) under the revamped European framework, the Dublin-based national financial supervisor has told Investment Officer Luxembourg.

After a two-year hiatus, the IPO market is showing signs of life, with private equity firms seizing the opportunity to take their portfolio companies public.