Luxembourg
People Moves | 7 Sep 15
Soc Gen appoints new Luxembourg private banking chief
Societe Generale Private Banking (SGPB) has appointed a new head of Luxembourg as Jeanne Duvoux replaces Olivier Lecler.
China Universal sets out European expansion plans
Shanghai-based China Universal Asset Management has established a Luxembourg SICAV from which it plans to launch a series of UCITS funds in the coming months to give European investors access to the Chinese capital market.
VAM forms exclusive partnership with Close Brothers
Luxembourg-based VAM Funds has signed a deal with Close Brothers Asset Management (CBAM) to give its non-UK-based advisers the chance to tap into the latter’s discretionary fund management services.
Investment | 22 Jul 15
Aberdeen launches multi-asset income fund
Aberdeen Asset Management has launched a new multi-asset fund with the aim of achieving a high yield over the medium term in a low-rate environment.
Value of funds under management in Ireland set to top €2trn
The net value of investment funds domiciled in Ireland is set to top €2trn (£1.45trn, $2.25trn) after a 14% rise of €234bn in the first quarter of 2015, Irish Funds Industry Association chief executive Pat Lardner said.