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
Much has been said about the reasons for the US Republican’s inability to make a ”repeal and replace” of Obama’s signature health legislation. In brief, the Republican’s had not made one workable proposal that would NOT cost 20+ million US citizens health care, President Trump had no idea of his own and the Republican Party itself is split between several factions.
Interesting to see if Trump and the Republicans can now pass legislation implementing next of Trump’s major policy initiatives. The beginning does not look good.
The nine-page proposal from the White
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
The surprising incompetence of the Trump administration in terms of interacting with the congress has so far led to an embarrassing defeat for the attempts to “repeal and replace” Obamacare. The bungling of this project has led to doubt whether the White House is able to steward Congress towards adopting economic policies touted by Trump during his campaign.
When Donald Trump was elected president, markets expected a vigorous economic policy providing a significant boost to the economy. The main drivers were supposed to be an ambitious infrastructure program, a net expansion
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
Back in the heady days just after Trump’s election, the markets reacted as if the economic policy would be changed significantly. It appeared that a far more expansive fiscal policy was on its way, pulled by infrastructure investments (yes, and that wall), and helped along by generous tax cuts (for the already wealthy and for companies).
Now, 6 months after the inauguration, the markets have all but given up on Trump and his policies, economic and otherwise.
The debacle over “Obamacare”, embarrassing as it is for the Republicans, has exposed the deep
President Trump and the Republican House majority managed to make a dog’s breakfast out of the attempt to repeal “Obamacare”. It sends a warning signal that Trumps economic policy plans may have to be weakened. Financial markets are adjusting to this new reality.
President Trump and the Republican majority in the US Congress inflicted an embarrassing defeat on themselves last Friday. After 7 years of promising to get rid of “Obamacare”, it appeared that the preparations to do so were sorely missing. Or completely absent.
House Speaker Paul Ryan presented a draft