2947 results for ""
Date
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March 30, 2023
Asset Servicing

CSSF fines EDB €178,600 for poor IT governance

Financial supervisor CSSF on Thursday said it has imposed a fine of 178,600 euro on European Depository Bank SA, a unit of Apex Group. A 2021 on-site inspection by the CSSF looked into the firm’s IT risks and found “infringements” relating to internal …
March 30, 2023
Asset Managers

John Kerry has a message for Luxembourg finance

The impending climate crisis is claiming ever-more attention on the political level. Part of the solution to it will be to spend what’s estimated to be trillions per year on cutting and mitigating emissions. The ability of the financial industry to raise …
March 30, 2023
Technology

IO Talks: State Street’s Luke Brereton on blockchain

This Luxembourg edition of IO Talks hears about the latest developments in the realm of blockchain technology in the asset management and investment industry.    Mike Gordon, journalist at InvestmentOfficer.lu, speaks to Luke Brereton, head of client …
March 29, 2023
Asset Allocation,Investing

‘Gold deserves a structural role in the portfolio’

Panic over banks and falling treasury yields have gold prices flirting with an all-time high again. In the short term, a quicker turn by the Federal Reserve may be the deciding factor, but the precious metal's real success lies deeper. “Gold deserves a …
March 29, 2023
Investing

The collapse of SVB has dislocated private equity

European private equity investors have become more cautious during recent weeks following the collapse of Silicon Valley Bank and Credit Suisse. Appetite for alternative investments however remains strong while some investors embrace the “dislocation” in …
March 29, 2023
Asset Managers,Institutional

IO Talks: M&G’s Forelli on private markets, Eltifs, costs

This edition of IO Talks Luxembourg hears from the managing director at M&G in Luxembourg, Micaela Forelli, on the firm's positioning in the European funds market, on private markets and Eltifs, on cost savings and how the firm's redundancy programme at …
March 29, 2023
Asset Managers,Technology

In the infinite world of AI, anxiety threatens investors

The data science revolution is sweeping the investment industry. Some firms are looking to create an in-house solution combining artificial intelligence, machine learning and data science. Picking the right data set, and separating the wheat from the …
March 28, 2023
Private Banks,Wealth Managers

Brazil's BTG buys FIS to expand from Luxembourg

BTG Pactual, the largest investment bank in South America, said it acquired Luxembourg-based private bank FIS Privatbank in a move that should enable its Latin American clients to diversify their investment portfolios in developed countries while …
March 28, 2023
Sector

ESG investors focus on horizon, despite perma-crisis

The focus on sustainable investing has faded somewhat, with the drumbeat of crisis after crisis recently, and now problems with banks in Switzerland and the United States grabbing the headlines. But listen to anyone focussed on the climate for long and …
March 28, 2023
Asset Allocation,Investing

Allianz’s Bras: Green bonds are a good diversifier

Green bonds are becoming mature and are a good diversification in a portfolio because they provide above-average transparency, according to Julien Bras (photo), bond manager at Allianz Global Investors.  Bras argued that green bonds are an interesting way …