2451 results for ""
Date
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March 6, 2023
Sector

Climate risks have ‘sizeable’ impact on bank profits

Banks are vulnerable to damage from climate change, which could particularly affect their balance sheets and asset holdings. Banks in southern Europe are more vulnerable than average: they face increased physical risks for more than 60 per cent of their …
March 6, 2023
News

UkrainePlatform emerges as investment think tank

A Luxembourg roundtable initiative that brought together public and private sector stakeholders with an interest in the economic recovery of Ukraine has evolved into becoming UkrainePlatform, a think tank focused on encouraging investments and developing …
March 3, 2023
Investing

BLI’s Wagner sees rates go up amid firm consumption

The Federal Reserve and the European Central Bank will continue to hike their interest rates this month among broad and persistent signs of strong consumption and the “resilient nature” of economic activity, Guy Wagner, chief investment officer at BLI - …
March 3, 2023
Sector,Supervision

CSSF fines Degroof Petercam €1.56 mln for ‘deficiencies’

Financial supervisor CSSF has issued a fine of 1.56 million euros to the Luxembourg unit of Belgian bank Degroof Petercam after it found the firm to be in “non-compliance with its professional obligations” in regards to anti-money laundering measures. The …
March 3, 2023
Products

Strong inflows for water funds reflect growing interest

Investment themes come and go, but investing in water has stood the test of time. Water can be central to many of the sustainability challenges facing the world. Investors seem to increasingly recognise this in recent years, creating a strong inflow of …
March 3, 2023

Short the villain! ESG short-selling is unexplored territory

For those looking to make an impact investment without the pain of market corrections, the solution can be simple: Buy the best-in-class, short the villains, and keep the portfolio neutral.  Earlier this month, the European Securities and Markets …
March 2, 2023
Asset Managers

Report: Macquarie plans takeover bid for M&G

Australian financial giant Macquarie is considering a bid worth more than 5 billion pounds (5.6 billion euro) for UK-headquartered fund manager and insurer M&G, which runs its non-UK European business from Luxembourg. The Australian firm, which operates …
March 2, 2023
Investing

Private impact investing remains largely a British party

Interest in renewables is playing into the hands of alternative investment funds. Listed closed-end impact funds continue to invest in new energy projects, and investor inflows are following suit. Yet for now it is mainly British investors who recognise …
March 2, 2023
Supervision

Lack of qualified staff leads to higher cybersecurity risk

The announcement that some 500 Microsoft Exchange servers “need immediate attention”, issued by Luxembourg’s cybersecurity agencies last week, was echoed by financial regulator the CSSF just before last weekend. The head of Luxembourg’s agency covering …
March 1, 2023
Wealth Managers,Investing

Schroders’ first Eltif assigned Article 8 status under SFDR

Schroders Capital on Wednesday said it has launched its first European Long-Term Investment Fund, or Eltif. The fund is called the Schroders Capital Private Equity Eltif 2023 and is classified as a ‘green’ Article 8 under the EU Sustainable Finance …