Luxembourg 2011

Board-roomFund directors are spending more time in board meetings as corporate governance levels across Luxembourg funds increase, finds Nick Fitzpatrick

CorsetCustodians had barely had time to take a breath following discussions around the controversial AIFM Directive, when suddenly Ucits V was tabled, rekindling the debate on depository responsibility, says Angele Spiteri Paris


Toy_soldiersAs Luxembourg looks to attract more alternative assets, specialist asset servicing providers are finding new ways of competing with the big one-stop-shop banks. Angele Spiteri Paris reports.

Camille-ThommesAlfi has been expanding overseas. Director general Camille Thommes talks to Angele Spiteri Paris about new markets for Luxembourg funds.


Chrisophe_GirondelNordea Investment Funds’ head of global distribution, Christophe Girondel, talks to Nick Fitzpatrick about product demand and the firm’s position in Latin America.


Kid_with_brushGood financial modelling of real estate funds means investors can ensure they are achieving their objectives, say Michael Hornsby, Nicolas Gillet, and Nicolas Bolland, of Ernst & Young’s Luxembourg practice.


seedling_in_hands_410Luxembourg’s fund labelling agency, Luxflag, is expanding on its microfinance focus and has international ambitions. Laëtitia Hamon talks about the agency’s beginnings and its plans for the future.


Newtons_ballsThe MiFID review proposes a change in the classification of more sophisticated Ucits funds that could threaten the growth of these new products. Nicholas Pratt investigates.


It was meant to reduce the number of funds in Europe but according to our panel, Ucits IV will fail to do so.


In this part the executive panel discuss how Ucits IV influences cross-border distribution and how Aifm already affects alternative investments.

Sponsored Profiles

SPONSORED FEATURE: Alternative thinking

Mar 16, 2017

Portfolio Manager Davide Cataldo discusses the results of the Pioneer Investments’ survey on liquid alternatives and how investors can be encouraged to increase their allocation.

SPONSORED FEATURE: Interest rate risk hedging: Swapping to other options

Mar 16, 2017

Heightened margin requirements for cleared and uncleared OTC derivatives pose a challenge for legitimate hedging activities and are driving financial institutions to explore alternative hedging...

SPONSORED FEATURE: Why blockchain could be the fund industry’s next Ford Model T

Mar 16, 2017

Blockchain aims to radically change the way investors can access funds, says Olivier Portenseigne, Managing Director and Chief Commercial Officer of Fundsquare.

SPONSORED FEATURE: Open architecture: In need of protection

Mar 16, 2017

Greater efficiency must be embraced to ensure regulatory changes do not destroy choice for fund buyers, says Bernard Tancré of Clearstream.

Executive Interviews

INTERVIEW: Finding managers that can (and do)

Apr 18, 2017

Fabrice Kremer, a fund selector at Banque de Luxembourg Investments, has berated fundamental managers for failing to beat indices, but he remains committed to active funds. He speaks to Nick...

JERSEY INTERVIEW: ‘A steady sort of place’

Mar 21, 2017

The chief executive of Jersey Finance is keen to portray the island as a stable, trustworthy jurisdiction. He talks to George Mitton.

Roundtables

ROUNDTABLE: The issue is perception

Mar 21, 2017

Our panel discuss tax transparency, the elegance of private placement and why Jersey could do more to promote itself. Chaired by Tom Cowsill in Saint Helier.

ASSET SERVICING ROUNDTABLE: Under pressure

Mar 07, 2017

Funds Europe speaks to leading Luxembourg industry figures about the growing regulatory demands on asset servicers and how to remain profitable in spite of major investments in technology.