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Date
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February 10, 2023
Transfers,Asset Servicing

Peter Corry joins Ocorian as head of global funds

Jersey-headquartered funds services and solutions provider Ocorian has appointed Peter Corry as head of global funds in Luxembourg as it continues to strategically grow and enhance its service to international fund managers. Corry joins from IQ-EQ where …
February 10, 2023
Asset Managers,Asset Allocation

iShares: bond ETF market can grow to $5,000 billion

Index products have seen significant inflows at the expense of active products, reflecting increasing interest from both institutional and retail investors. The outlook for Europe remains positive in the coming years. Bond ETFs in particular still have …
February 10, 2023
Investing,Supervision

‘Prepare for further market corrections,’ says Esma

The European Securities and Markets Authority, the EU’s financial markets regulator and supervisor known as Esma, on Thursday warned investors that they should prepare for further market corrections, given a “confluence of high risks”.  Publishing its …
February 10, 2023
Laws and Regulations,Investing

Luxembourg discusses new Eltif tax regime as Strasbourg votes

As the European Parliament, during this month's plenary session in Strasbourg, debated the proposed changes to the EU’s regulation for long-term investment funds, a plan also known as Eltif 2.0, Luxembourg was discussing a special tax regime for this new …
February 10, 2023
Asset Managers,Products

Top 5 Global Real Estate Funds: Invesco leads in 2022

For investors in listed real estate who are deeply concerned about growth slowdowns and increased financing costs, 2022 is a year that will not soon be forgotten. For this week's Top-5, we look at the best-performing global real estate funds in 2022.  …
February 9, 2023
Investing,Wealth Managers

Morgan Stanley CIO sees a ‘bear market bounce’

Stocks have continued their rebound into 2023, delivering one of the best openings to a calendar year since January 2000. Morgan Stanley however believes the gains are just another bear market bounce.  The inverted yield curve in the US, the curious …
February 9, 2023
News

BeeBonds offers €3 mln bond on Bettembourg project 

Belgian crowdlending platform Beebonds is offering investors an opportunity to cofinance the Arche coliving project in Luxembourg. The investment is offered through a 3 million euro green bond, the firm said. The Arche project is located in Bettembourg, …
February 9, 2023
Events,Sector,Platforms,Investing

Luxembourg to discuss expert groups on Ukraine recovery

As an international financial hub, Luxembourg is seen as well positioned to play a key role in talks about strengthening and financing the recovery of Ukraine’s economy once the war is over. A Luxembourg roundtable will discuss Luxembourg’s potential role …
February 9, 2023

CEOs question Luxembourg’s future viability

Chief executives of Luxembourg firms are more worried about the long-term prospects for their businesses than their counterparts in other countries, according to a new survey presented on Wednesday by consultancy firm PwC. The survey showed that only 51 …
February 8, 2023
Supervision

CSSF held back Alter Domus fine announcement for a year

Luxembourg’s financial supervisor CSSF this week announced that it, at the end of 2021, presented management company Alter Domus with a fine of 174,000 euro relating to the collapsed Columna Commodities fund.  This Luxembourg fund, created in 2013, went …