We congratulate Francis Verset to his new responsibilities as conducting officer with AWM.
WHAT IS MIFID II?
MiFID II is the revised Markets in Financial Instruments Directive that will apply as of 3 January 2018. It reinforces current legislation by strengthening investor protection and transparency.
WHY MIFID II?
Improved information • You will receive precise information about the services and financial instruments offered so that you can take informed investment decisions • All investment advice service will come with a suitability report of your portfolio with respect to your retained investment strategy and risk profile.
More transparency • News and simplified tariffs applicable • Receive additional periodical
The proposed shift to a territorial tax system is likely to have far-reaching effects on US corporations’ behavior. But that change, together with a reduction in the 35% corporate-tax rate, could trigger another round of tax reform among developed countries seeking to improve their attractiveness to internationally mobile capital.
CAMBRIDGE – The United States Congress is likely to enact a major tax reform sometime during the next six months. Although the new rules will apply only to American taxpayers, they will have important consequences for companies and markets around the
Carsten holds the license in conducting a PSF company since 2001 and approved by the financial regulator (“CSSF”) in January 2018 for his position in AWM. Carsten is in charge of the Compliance and Internal Audit as a director and acts also as the Risk Manager of the Company.
Carsten has more than 30 years of experience in Trading gained from several locations and companies across Europe, several years in Private Banking and Wealth Management in banks, and more than five years’ experience in Risk management, Compliance and Administration for Asset
We welcome Francis Verset to the AWM team.
He has for the past 24 years dedicated himself to service of private clients and joins AWM as senior wealth manager.
Francis Verset origins from Antwerp and is the sixth generation of stockbrokers in his family. As he put it: “The wealth management business model, is in terms of customer support very close to that of my ancestor stockbrokers. There is however one fundamental difference of added client security – assets are deposited with a bank. Thus separating the management and the custodian functions to
Tantrum or not?
It’s been a couple of week’s since a coordinated verbal intervention from the major central banks communication that QE will be rolled back, bond yields spiked and stocks corrected.
Fears of repetition of the 2013 selloff in all asset classes simultaneously – dubbed the “Taper Tantrum” – then lasting some 3 months, have so far not materialised.
We do not believe another “Taper Tantrum” will materialise this time around.
Our focus remain on the divergence in fixed income/forex vs stock markets as we believe the latter still partly discount Trump’s economic
We are happy to welcome Olivier Assa and Alexis Iche
They will add strong resources to our client base as well as their experience helping us capture the opportunities in the fast changing business environment of the finance industry.
Both gentlemen have their family in Geneva, but is expected to be in the office on a monthly basis.
Alexis is educated at INSEAD and brings 15 years of hands-on experience in the fields of investment and corporate finance, acquired in London, Madrid and Geneva. Alexis focuses on advising entrepreneurial firms and family offices