2445 results for ""
Date
|
June 6, 2024
Investing

ECB cuts, does not commit to next steps amid persistent inflation

The European Central Bank’s (ECB) decision to cut its benchmark interest rate for the first time since 2019 underscores a strategic but cautious approach to managing persistent inflation in the Eurozone. "The ECB did not pre-commit to a specific path for …
June 6, 2024

Fiscal recklessness awakens ‘bond vigilantes’ ahead of US elections

As the US presidential election nears, the bond market braces for a potential resurgence of the “bond vigilantes.” With fiscal deficits reaching unprecedented levels, there is growing concern that neither major party candidate has a viable plan to address …
June 6, 2024
Transfers

Transfer Thursday: Robeco, Holtera, UBS

This week’s overview of transfers, appointments, promotions and other people news includes updates from Robeco, Apex-subsidiary Holtera, and UBS.  Erik van de Weele Erik van de Weele (photo) has been appointed to join Robeco’s sales team covering Belgium …
June 5, 2024

‘Raif structures now surpass specialised investment funds’

The latest data reveals a dip in new Luxembourg alternative investment funds (AIFs) registrations since the first quarter of this year, though reserved alternative investment funds (Raifs) show resilience, driven by recent legislative updates and steady …
June 5, 2024
Sector,Laws and Regulations

Greenwashing goes unpunished in Europe

Unlike in the United States and Australia, greenwashing in Europe’s financial sector remains largely unpunished, even though existing legislation allows national regulators to take action against firms that mislead investors. Most supervisors in the EU …
June 4, 2024
Private Banks,Investing

Quintet’s Dutch subsidiary is upbeat on Europe’s prospects

While economic growth and growth expectations for the US are leveling off slightly, the European economy appears to be strengthening. A unique moment lies ahead: the European Central Bank (ECB) may pre-empt the Federal Reserve (Fed) with rate cuts. "This …
June 4, 2024
Opinion

More market, less government

There have been many criticisms of capitalism in recent years. These were mainly attempts to get rid of neoliberalism that relied on the solving power of the free market. In practice, many neoliberals have distanced themselves from the idea of a "natural" …
June 3, 2024
Sector

Luxembourg steps up its game in New York to stay ahead of Ireland 

Amid a surge in global wealth, Luxembourg is bolstering its efforts to retain its edge over Ireland as the premier European hub for American asset distribution. The country's recent strategic push, highlighted by high-profile events in Boston and New …
June 3, 2024
Investing,Opinion

House prices defy predictions

US house prices have climbed over 6% in the past year, pushing the value of homes nearly 3% above their peak from June 2022. This increase came despite the Federal Reserve's aggressive interest rate hikes aimed at curbing rampant inflation. Clearly, the …
May 31, 2024
Sector

Luxembourg banks ready to welcome ejected ING clients

Luxembourg bankers' association ABBL on Friday said the sector is ready to accommodate clients affected by ING Luxembourg's recent decision to cease its retail banking services. This strategic withdrawal has left thousands of customers in a state of …