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The first day of the ALFI European Asset Management Conference 2021 (16.3.2021) offered insights into the trends sparked by a tumultuous past year, but also opportunities ahead for both traditional and alternative assets by managers willing to grasp the themes of ESG and digitalisation.
ALFI chair Corinne Lamesch (picture) noted a 5% rise in net assets under management in the Grand Duchy, which helped take total AuM past EUR 5 trillion in the 12 months to the end of January 2021 – despite the impact of the pandemic in early 2020. Describing the industry as being at a “crossroads”, she also noted Brexit is a reality, that globalisation is being challenged, leading to pressure on asset managers’ business models as they ponder delegation, and that margins continue to fall...
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