The US debt ceiling seems to be an endless source of political wrangling, with parties blaming each other and threatening economic chaos. One would almost forget that debt repayment is not up for debate. Not even in the US. "President Biden is driving …

Brown Brothers Harriman (Luxembourg) S.C.A. said on Thursday it has been selected by Schroders Capital as central administrator and depositary bank for the launch of its first European Long-Term Investment Fund, or Eltif. Eltifs target a growing range of …

About half of all staff in Luxembourg’s financial services sector is permitted to use generative artificial intelligence tools on their office networks, while a quarter - 24 per cent - of all firms have blocked access to tools such as ChatGPT, according …

Luxembourg-based fund administrator Alter Domus said on Thursday that it has acquired the Solvas suite of business IT solutions from Deloitte Touche LLP, a subsidiary of Deloitte LLP, for an undisclosed amount. Solvas is a loan and debt servicing software …

European Depositary Bank, a Luxembourg-headquartered provider of banking, depositary and custody solutions that is part of the Apex Group, on Wednesday said it has appointed executive board member Holger Barth in a new role as global head of banking …

Proceeds from the Luxembourg registration tax for investment funds remained flat at 1.3 billion euro last year as a small decline at Ucits funds was offset by a steep increase in proceeds from reserved alternative investment funds, or Raifs. The …

The CSSF has spent the last decade ramping up reporting requirements on fund management companies. In response, the fund industry has invested heavily in automation and now most reports are generated automatically. If only this was true! The reality is …

The upcoming arrival of retail investors in private markets, combined with economic headwinds and the need for technological innovation, have placed all private asset classes at an inflection point from where institutional parties need to make …

Claus Vorm, senior portfolio manager and deputy head of multi assets at Nordea Asset Management, underlines the importance of choosing companies with predictable and stable prospects over time, which deliver superior and less volatile performance. Without …

The money supply is rapidly shrinking, something that rarely, if ever, happens. In the United States, the money supply is shrinking by more than 4 per cent on an annual basis. And while there is an endless debate whether you should look mainly at the …

Wrangling over US debt ceiling may soon be over

Brown Brothers Harriman to support Schroders’ first Eltif

Luxembourg banks seek legal clarity on use of generative AI

Alter Domus buys IT platform Solvas from Deloitte

EDB bolsters governance with new global role

Luxembourg fund tax income flat as Raif proceeds surge

Costly outsourcing is not the solution

‘Private markets have reached an inflection point’

‘We look for stable businesses’

Chart of the Week: Look beyond inflation