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Date
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July 12, 2022
Technology

Podcast with Nasir Zubairi, CEO at LHoFT

Nasir Zubairi of the Luxembourg House of Financial Technology has some very particular views on some of the newer varieties. About blockchain: “I’m not a technologist, but it seems a little hazy to me as a technology in that it’s a technology looking for …
July 11, 2022
Laws and Regulations

Five Luxembourg officials named to Esma committees

Five representatives of the financial services sector in Luxembourg have been named as members of working groups and specialist advisory committees of the European Securities and Markets Authority, or Esma. The new composition of the committees was made …
July 11, 2022
Investing,Opinion

Chart of the week: don’t be blindsided by recession

The ISM Manufacturing Index, also known as the purchasing managers' index, fell more than expected in June. The index dropped to 53 where a reading of 54.5 was expected. This was not really a surprise, as the regional sentiment indicators had already …
July 11, 2022
Laws and Regulations

EU places ESG reporting on par with financial data

A new EU law from 2025 will require companies in Europe to accept a future in which their reporting data on sustainability and their ESG impact will be just as important as data on their financial performance. Non-EU companies also will be subject to …
July 8, 2022

EY names Longares TMT leader, Denis as COO

EY Luxembourg on Friday said it has named Fernando Longares as its new leader for the Telecommunications, Media and Technology (TMT) sector, Longares will succeed Gaël Denis, who will become chief operating officer at the firm.  Longares joined EY in 2006 …
July 8, 2022
Asset Allocation

'The real risks are not yet incorporated in tech stocks'

This year is a tough one for tech stocks. Even companies like Dutch-based ASML, Europe’s leading high-tech company and the world's main supplier of machines for the semiconductor industry, have seen their share prices fall by more than 45 percent this …
July 8, 2022
Products

Top 5 global equities: Gavekal Global leads

Growing concerns and increasing recession fears set the tone for an erratic second quarter in which global equities went on sale. The S&P 500 index experienced its worst half year in 50 years, down 20 percent in US dollar terms; global inflation is at a …
July 8, 2022
Asset Managers,Asset Allocation

European investors most concerned over greenwashing

Nearly two-thirds of investors in Europe are concerned about greenwashing, even though EU regulation has been in place for more than a year, a new survey released on Thursday showed. More than half of all European investors remain very concerned about the …
July 7, 2022

PwC adds 14 partners and three new managing directors

PwC Luxembourg on Thursday said it has admitted fourteen new partners to the firm, along with three new managing directors.  These fourteen partners and three managing directors are experts in their fields, and lead teams that demonstrate PwC’s vision for …
July 7, 2022

Bataille succeeds Houdmont as Degroof Petercam Lux CEO

Belgian investment house Degroof Petercam on Wednesday named Gautier Bataille as its new CEO for Luxembourg. Filip Depaz has been appointed as chief operating officer for the group. Bataille will succeed Bruno Houdmont from 1 August. He has held several …