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QuantHouse, a provider of end-to-end systematic trading solutions including market data feeds and infrastructure services, and part of Iress (IRE.ASX), has announced senior leadership changes as the next step in its full integration into Iress.
As part of this transition, Pierre Feligioni, CEO and Co-Founder, is departing QuantHouse to pursue new ventures. QuantHouse wishes him the best in his future endeavours and thanks him for his leadership. Arthur Tricoire becomes General Manager, Commercial, and Sebastien Tiphine moves to Head of Products.
These changes position the firm to continue to execute on behalf of over 500 global clients through closer alignment
If any jurisdiction can claim to be the home of the global fund industry, it is Luxembourg. The Grand Duchy is the second largest investment fund centre worldwide and the first in Europe, with an 8.8 per cent global market share in 2020 and is a prime location for alternative investment funds.
Yves Cheret, managing director of fund administration in CSC’s Luxembourg office comments: “I think that, over time, the investment fund business in Luxembourg will become known as the US is known.”
Luxembourg’s attraction for fund managers is based on its political, financial, and political stability which fosters a
Visitors to Luxembourg are often surprised and pleased to discover that public transport is free. Step onto a tram in Luxembourg city, and there is no conductor to pay, and no machine to stamp tickets.
In a drive to tackle traffic congestion and emissions, last year the Grand Duchy introduced a new policy where no charge exists for using the trains, trams and buses that criss-cross the small country sandwiched between Germany, France and Belgium.
The policy is an attractive perk for its 602,000 residents, 175,000 cross-border workers and 1.2 million annual tourists.
It’s also emblematic of something else: Luxembourg’s
By Dr Marcus Peter & Irina Stoliarova – 2020 was a challenging year for the Luxembourg funds market. Despite a strong start in January and February, the Covid-19 pandemic caused a slowdown to fund set-up and net asset developments due to valuation issues and travel restrictions. However, it should be noted that the Luxembourg investment fund industry remained robust given the market regained growth starting mid-2020 and continuing into the third quarter of 2021.
This positive development was driven predominantly by increasing net assets and incoming new commitments to the fund vehicles. Net assets under management in Luxembourg investment funds
By Stephane Pesch – The private equity and venture capital industries have shown tremendous growth and have attracted lots of attention and new investors over the last years due to their inherent qualities (strong performance and returns, long term approach, focus on value creation, financing of the real economy and innovation).
Thriving sectors embed lots of upsides and allow practitioners and future practitioners to be exposed to a high pace (certainly correlated with hard work and robust initial skills), quite agile and forward-thinking industries (e.g. at the forefront of technology and other investment trends), intellectually enriching activities and experiences, varied tasks
One of Luxembourg’s big advantages has always been its small size, which has allowed successive governments to introduce new rules with a speed and nimbleness that bigger nations would struggle to replicate.
Time and again, the Grand Duchy has used speedy and favourable regulation to bolster its financial sector.
It is a consistent, first mover-based approach which has helped to cement its place as one of Europe’s leading financial services hubs, especially for the domiciling of funds by private equity firms and asset managers.
A new draft securitisation law working its way through Luxembourg’s parliament – which will reform existing
By Jevgeniy Nesch and Virginie Leroy, AKD –
Private equity and venture capital are amongst the key investment fund strategies showing the strongest growth in the last decades. Even if at the beginning of the Covid-19 pandemic, some PE and VC funds faced challenges such as a reduction in the activity of their portfolio companies, valuation difficulties, exchange rate volatility and liquidity, most of the fund managers were able to adapt and address those issues in an efficient, rational, cost-effective and prudent manner. In addition to the handling of the day-to-day challenges, PE and VC fund managers have also discovered
Luxembourg is widely regarded as a prime location for investment in private assets such as private equity, private debt, real estate and infrastructure. Much of its success in this field can be attributed to innovative investment vehicles which are success stories in themselves, and a perfect match for the dynamism of private assets investment.
The Grand Duchy is set to capture an important chunk of the growing global market for alternative investment funds.
It may be one of Europe’s smallest countries, but Luxembourg has never lacked for ambition.
