CFO capital allocation strategy

CFO’s Capital Allocation Strategy Shift after Covid

New study ran in partnership between Oxford Economics and EY, indicates that CFO’s capital allocation strategy needs an overhaul Chief financial officers (CFOs) agree that the COVID-19 pandemic’s effects on companies have catalyzed a major shift in capital allocation strategy. According to the latest 2021 Global Capital Allocation Survey by Ernst & Young LLP (EY US), […]

chess

Internal vs External Management : a False Dichotomy

The International Forum of Sovereign Wealth Funds (IFSWF) hosted a discussion on the challenges of making the right decision between internal or external management, particularly in private markets. Sovereign wealth funds and other institutional investors have been debating the merits of insourcing or outsourcing important investment decisions for the last decade. Despite a well-established trend […]

Pictet Asset Services

Pictet Asset Services expands its activity to Monaco

Pictet Asset Services, the asset servicing business line of the Pictet Group, is opening a booking centre for external asset managers in Monaco, with a local presence of dedicated client relationship managers. Pictet group which set up its banking branch in Monaco last February 2020 to serve mainly private resident client base, announces today the […]

SICCFIN Monaco

Monaco AML-CFT

The fight against money laundering and the financing of terrorism: its prevention is a shared concern In the Principality of Monaco, cooperation and data exchange between the various players in the fight against money laundering, terrorist financing and corruption are governed by Bill No. 1.362, which has recently been amended. In this context, the SICCFIN […]

stock market

How Equity Markets have Priced Climate Transition Risks?

MSCI examines in its latest ESG study, the financial impact of climate transition risk on global equity markets and finds that climate has increased in importance in the last two years, with potential long-term implications for understanding market behavior. Foundations of Climate Investing: How Equity Markets Have Priced Climate Transition Risks? To answer to this […]

Amundi

Acquisition of Lyxor by Amundi

Amundi has entered into exclusive negotiations with Société Générale for the acquisition of Lyxor for a total cash consideration of €825m, or €755m excluding excess capital. With this acquisition, Amundi would become the European leader in ETF, with €142bn combined AuM, a 14% market share in Europe and a diversified profile in terms of client base and geography. Amundi would […]

risks

Sovereign Wealth Fund and Institutional Investors’ Activity during the COVID-19 Pandemic

The latest research of State Street and the International Forum of Sovereign Wealth Funds (IFSWF) showes that Sovereign Wealth Funds and Institutional Investors are moving into equities as systemic risk recedes. State Street Corporation (STT), one of the world’s leading providers of financial services to institutional investors, and the International Forum of Sovereign Wealth Funds […]

Monaco Foundry

Monegasque Investment Fund 4Stars Invests in Monaco Foundry

4Stars, a monegasque investment fund managed by Pleion Group (Monaco) is the latest to invest in Monaco Foundry. Interview with the founder, Fabrice Marquet. Headquartered in Monaco, Monaco Foundry is providing early to mid-stage companies with hands-on business development support and access to a team of serial entrepreneurs, senior advisors, executives, and venture capitalists. With […]

Monaco Sustainable Finance

« Monaco Sustainable Finance » Initiative

Almost two years ago, a working group was created on the future of the Monegasque banking and financial center. The first topics addressed by its members were questions related to innovations in digital finance, and in particular resulted in the National Council voting on Bill 1.491 of token offering. Last Friday, a new joint Task […]