Investissement

L’investissement factoriel, qui consiste à élaborer un portefeuille de titres sur la base de certaines sources de rendement spécifiques, intéresse de plus en plus les investisseurs.

Pictet Asset Management advises its clients to remain underweight in equities and maintained an overweight view on US Treasury bonds. In its latest market outlook, the Swiss-based firm said it reduced the risk in its portfolio by downgrading Chinese stocks to neutral.

European investment funds in real estate and alternative assets are vulnerable and could face liquidity risks in the event of a sudden investor sell-off, according to a senior official at Europe’s main financial markets supervisor, the European Securities and Markets Authority, or Esma. “It is one of the tricky issues here,” he said.

European investment funds continued to experience net outflows for a sixth consecutive month as investors withdrew twice as much from Ucits and alternative investment funds during June compared to May, according to the European Fund and Asset Management Association, Efama. 

Net sales of Ucits and AIF funds registered net outflows of 72 billion euro, compared to net outflows of 36 billion euro in May, the association said. Ucits recorded net outflows of 69 billion euro, compared to net outflows of 33 billion euro in May.

Growth in funds registered as Reserved Alternative Investment Funds, known as Raifs, in Luxembourg has increased considerably in the first half of this year , according to an analysis of data from the Luxembourg Business Registry by Investment Officer Luxembourg. 

Luxempart, a Luxembourg-based investment and private equity company, on Wednesday said it has acquired a 8.4 percent stake in Nexus AG, a German-based publicly listed hospital software provider in Europe through a capital increase of 72.5 million euro.

Luxempart, a Luxembourg-listed investment and private equity company, has posted a consolidated net loss of 55.4 million euro for the first half as its investment income was hit by “extremely choppy” conditions in financial markets and the economy.

The loss compares to a profit of 499 million euros in the same period a year earlier. The firm said it maintained its net assets at 2.078 billion euros by the end of June, down slightly from from 2.169 billion a year earlier.

Le marché belge des fonds a enregistré une baisse de 4,5 % au cours du premier trimestre 2022 en raison des pertes de prix des actifs sous-jacents et, par conséquent, a fini avec des actifs commercialisés de 263 milliards d’euros.

C’est ce qu’indique la Beama, l’association belge des gestionnaires d’actifs, dans une mise à jour trimestrielle. 

Cet été, l’Italie était non seulement une destination de vacances très prisée, mais aussi le théâtre d’une nouvelle crise. 

Des risques politiques qui voilent les perspectives économiques 

Cube Infrastructure Managers, a Luxembourg-based infrastructure investor, has agreed to take over the Czech activities of Germany energy firm MVV Energie AG for an undisclosed amount. The transaction would  be done through Cube IM’s “Cube Infrastructure Fund III” brownfield fund.