2556 results for ""
Date
|
July 28, 2022
News

ArcelorMittal sees risks in growth, inflation and China 

Luxembourg-based steelmaker ArcelorMittal, the world’s second-largest, on Thursday posted higher-than-expected earnings thanks to rising prices but warned that it sees risks in inflation, the ongoing war in Ukraine and the effects of the Covid-19 pandemic …
July 28, 2022

Markets welcome 75 bp rate hike by Federal Reserve

The US Federal Reserve announced an expected 75 basis point interest rate hike on Wednesday evening. Inflation pain will now have to be carefully weighed against the threat of an economic recession. Equity markets reacted positively to the announced …
July 28, 2022
Asset Managers

‘EU sustainability reporting rules need global alignment’

Global asset managers are concerned that the European Union’s regime for corporate sustainability reporting does not fully match their needs and that it could risk making Europe less attractive for international investors as the rules remain to be aligned …
July 28, 2022
Asset Managers,News

Swing pricing now ‘common practice’ in Luxembourg 

Swing pricing “has become common market practice” in the Luxembourg fund sector to manage liquidity at times of volatility in the market, according to a recent industry survey by the Association of Luxembourg Fund Industry, or Alfi.  Swing pricing is a …
July 27, 2022
Investing

Bond funds see 5th straight month of net outflows in May

European bond funds experienced a fifth straight month of net outflows in May as inflation continued to rise and markets anticipated tightening of monetary policy in Europe and the United States, according to data on 29 countries posted by the European …
July 27, 2022
Laws and Regulations,Technology

CSSF warns funds offering crypto assets not supervised

Private consumers seeking to invest in virtual assets through investment funds, despite the massive losses incurred by investors in certain cryptocurrencies, should be aware they are doing so without the protection of financial regulatory oversight, …
July 27, 2022
Products,Investing

Private markets increasingly open for retail investors

More lenient EU regulations are about to make it possible for providers to offer private investment funds to private investors. Private products such as semi-liquid funds and European Long Term Investment Funds, or Eltifs - which can be marketed also to …
July 26, 2022

New LSFI working groups to address ESG challenges

The Luxembourg Sustainable Finance Initiative, a public-private body known as LSFI, has decided to create four new working groups to help the industry better come to grips with challenges posed by Environmental, Social and Governance issues. The new …
July 25, 2022
Technology,Asset Servicing

Eqonex picks Apex for admin and trustee services

Apex Group on Monday said it has been appointed to provide corporate, administrative and trustee services to the Nasdaq-listed Luxembourg platform of Eqonex Limited, a digital assets financial services company. Eqonex recently launched an Exchange Traded …
July 25, 2022
Opinion

Chart of the week: profit fatigue

The earnings season has only just begun, but we are already seeing some examples of what will become a trend: fewer companies beating expectations. Investors like to be positively surprised, so companies tend to be overly cautious in their expectations so …