Luxembourg alternative investment fund manager FundRock, part of the Apex Group, has been given a fine of 45,800 euro by Luxembourg’s financial regulator CSSF because the firm did not properly apply the rules relating to benchmarks. The fine, imposed on …

Luxembourg’s financial supervisor CSSF has said it will start collecting information from firms on their anti money laundering and terrorism financing setups from next Wednesday, 15 February, through its annual industry-wide survey. Firms will have until …

Private markets, in particular those for digital infrastructure investments, continue to appeal to European institutional investors, according to a global survey among 480 institutional investors presented on Tuesday by State Street. The survey also shows …

Trading shares during the day that a company releases its earnings reports by going long on ones with positive news and short on the ones with negative news can generate a daily return of 1.3 percent. That is the bold conclusion of a study conducted …

The European Commission plans to stick to its plan to stop inducements for financial advisors, a proposal it recognises as “divisive” but one that is needed to build trust among investing consumers. “I think it's good to grasp this nettle and to make …

Jersey-based management company Crestbridge has appointed Anthony Yabut as director of tax in its New Jersey office, as part of its ongoing strategy to expand and enhance its client proposition in the US market. Crestbridge, supervised also in Luxembourg …

Luxembourg stock exchange listed private equity firm Luxempart on Monday said it entered into an investment agreement that will give it a stake of approximately 26 percent in Kestrel Vision for about 110 million euros. Lyon, France-based Kestrel is a …

Global financial markets are entering a riskier phase where some corporate earnings could disappoint while opportunities remain in China, emerging markets and investment grade bonds, Europe’s biggest asset manager Amundi said. In their February note to …

Communication technology continues its rapid development, but it’s inevitably affected by the world that it serves, so it must contend with concerns about sustainability and the impact of the economic situation, as well as the legal context. The emergence …

Thursday’s 50 basis point rate hike by the European Central Bank came as no surprise. The ECB’s deposit rate now stands at 2.5 percent. The ECB reiterated that it intends to deliver a similar rate hike at its next meeting in March. The ECB’s hike came one …

CSSF fines FundRock €45,800 for benchmark violation

CSSF to start collecting AML data next Wednesday

State Street: Private markets appeal to European investors

Amundi study: News signals influence short-term prices

‘Divisive’ EU retail investor strategy set to ban kickbacks

Crestbridge appoints Anthony Yabut as director of tax

Luxempart invests €110 mln in Kestrel Vision, 26% stake

Markets entering riskier phase, Amundi tells investors

Disruptors like ChatGPT pose new legal challenges

‘Central banks very wary of sending dovish signals’