2451 results for ""
Date
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May 6, 2022
Private Banks,Wealth Managers

After solid 2021, Degroof sees Russia 'undermine markets' 

Belgian private bank Degroof Petercam, which has a significant presence in Luxembourg, has warned of ongoing uncertainty in financial markets as a result of Russia’s war against Ukraine, which it said “undermines financial markets”. The bank has announced …
May 6, 2022
Opinion

In Flux: Europe’s own SEC

Luxembourg loves the new new thing, especially when it comes to financial legislation. The big question is: what should be next? The Grand Duchy may have found the answer already. In the late 1980s, the Grand Duchy successfully tapped into global …
May 6, 2022
Asset Allocation,Products

Top-5 defence sector: leaders exposed to moral risk

Investing in weapons and the military industry is controversial for many investors. For example, since 2011, investing in companies that produce, sell or distribute cluster munitions or crucial components thereof has been prohibited by law in 110 …
May 5, 2022
News

Savers to lose ‘hundreds of billions’, Betterfinance warns

A Brussels-based group standing up for European users of financial services has warned that European savers and investors in long-term savings and pension products face a particularly sharp erosion of purchasing power as a result of rising prices. …
May 5, 2022
News

Fed in biggest rate hike in 22 years, switches from QE to QT

The Federal Reserve on Wednesday raised its main policy rate by 50 basis points, the largest increase since 2000. The steep hike reflects the current state of the US economy, where inflation surged to 8.5 percent in March with unemployment relatively low …
May 5, 2022

Luxembourg faces stiff competition in green finance

Luxembourg’s green finance offering placed 7th in an international index of such activities within worldwide financial centres published on 22 April. The financial centre placed third within the EU. It fell two spots in the index since last year’s …
May 5, 2022
Transfers

Clifford Chance beefs up team, Alfi hires from PWC

In Luxembourg, international law firm Clifford Chance this week announced the promotion of two of its counsel and the appointment of nine senior associates, while industry group Alfi has hired a new head of communications from PWC Luxembourg. Eimear …
May 5, 2022
Opinion

Demand for oil grows at the drop of a hat

Major investors like Warren Buffett and Goldman Sachs are increasing their positions in oil stocks. Buffett recently bought large positions in Chevron and Occidental Petroleum. For Goldman, Exxon is the favourite. The price of oil this year peaked at …
May 4, 2022
Opinion

Chart of the week: managers remain overweight on risk

The latest edition of the Bank of America Global Fund Manager Survey shows that fund managers are still overweight equities while their expectations of future economic growth have fallen sharply. In fact, the chart below shows that fund managers have …
May 4, 2022
Asset Allocation

The Yen has become a plaything of the markets

The Japanese yen is rapidly losing its value against the dollar, increasing pressure  on the Japanese economy as well as the yen's status as a safe haven. We investigated the Japanese enigma. For the first time in twenty years, a dollar is worth 130 yen. …