The chart showing market expectations of what the Federal Reserve will do and what the central bank wants to do is fascinating at the moment. Take a moment and sit back. As Powell highlighted in his latest FOMC press conference, the Fed is aiming for a …

Forget about all those bars of gold that are heavily guarded because they are incredibly valuable. Credibility is the most valuable asset for a central bank. It is the monetary version of what goodwill is to a company. In this respect, the ECB could learn …

After a dramatic first half of the year where global high-yield bond funds lost 7.3 per cent of their value, the second half of last year saw a small gain of 1.4 per cent, in euro terms. The consensus among fund managers remains that despite recession …

The EU’s top financial markets authority on Thursday invited the European Commission to clarify new sustainability reporting requirements for European companies and to make its legislation for non-financial reporting standards more consistent with other …

Los Angeles-based Capital Group, a major global investment manager also present in Luxembourg, on Thursday said that Mike Gitlin from October will assume the management responsibilities of Tim Armour, chairman and chief executive officer. Armour and vice …

Luxembourg’s financial supervisor CSSF on Thursday published an update to its Reporting Handbook for investment firms. The update integrates the latest version of the reporting framework designed in recent years by the European Banking Authority and …

Boards of AIFMs, Alternative Investment Fund Managers, in Luxembourg are “heavily concerned” over potential greenwashing, a survey conducted by PWC Luxembourg on behalf of the Luxembourg corporate governance institute ILA said. The survey pointed to …

Luxembourg’s financial supervisor CSSF has levied a 22,100 euro fine against alternative investment fund manager Pemberton Asset Management SA after a 2020 inspection found “failures” in risk management, organisational requirements and supervising …

Britta Borneff, a former managing director at Fuchs Asset Management, has been appointed as the new director of events, communications and business development at the Association of the Luxembourg Fund Industry, Alfi. Borneff’s professional career in …

Senior private banker Alexandre Schmitz has left Degroof Petercam Luxembourg to join the Luxembourg operation of Lazard Frères Gestion, a French asset management firm which has offered wealth management services in Luxembourg since 2021. Schmitz will join …

Graph of the week: a major mismatch

The ECB should learn from the Fed

Top 5: UBS leads in high-yield bond funds

‘ESG reporting requires clear, consistent EU framework’

Mike Gitlin to replace Tim Armour as Capital Group CEO

CSSF asks firms to use EBA’s threshold monitoring tools

AIFM directors concerned over greenwashing risks

CSSF fines Pemberton for ‘failures’ under AIFM law

Britta Borneff named director of communications at Alfi

Lazard names Alexandre Schmitz to Luxembourg unit