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April 11, 2022
Private Banks,Supervision

​​​​​​​Corporate banking revenue up 60% since 2016, survey shows

Revenue from corporate banking activities in Luxembourg has risen nearly 60 percent since 2016 to approximately 3 billion euro, according to a new study conducted by consultancy firm PWC. The consultants also found a need for the government and regulators …
April 11, 2022
Asset Managers,Asset Servicing

Podcast: Luxembourg finance continues to reinvent itself

In this second podcast from Alfi's 2022 European Asset Management conference we enlighten you with valuable insights on what’s happening in Luxembourg’s asset management ecosystem. You will hear about Luxembourg’s new securitisation law, about …
April 8, 2022

Zeidler gets CSSF permission as UK Mifid firm

Frankfurt-based funds law firm Zeidler Group said it has received approval from Luxembourg’s financial regulator to serve professional clients and to support fund marketing as a UK Mifid firm under the third country regime in the Grand Duchy. In a …
April 8, 2022
Asset Managers,Products

Top 5 global equity funds: Gavekal Global leads

In the turbulent first quarter of 2022, inflation and the pandemic gave way to the Russian invasion of Ukraine, and resurfaced. Yet deep losses were recouped, and some investors even posted double-digit gains. This week in the Morningstar top five: mutual …
April 8, 2022

In Flux: Home of the Super ManCos

Those who see what’s happening in today’s post-Brexit financial world will undoubtedly recognise that Luxembourg is serious about its role as Europe’s back office.  Luxembourg’s fund industry continues to transform and reinvent itself. Wedged in between …
April 8, 2022
Private Banks

Ireland set to compete with new SCSp partnership regime

Nearly nine years after the introduction of a Luxembourg fund vehicle known as the SCSp, allowing the alternative investment fund industry to register special limited partnerships, competing financial centre Ireland has finally introduced its own version, …
April 7, 2022
Sector,Laws and Regulations

Climate: banks produce ‘white noise, no real substance'

“It is not five minutes to twelve, but one minute to twelve,” said Detlef van Vuuren, one of the Dutch scientists who collaborated on the latest report by the UN climate agency, the IPCC.  According to the report, presented on Monday, countries have to …
April 7, 2022
Asset Managers,Transfers

Invesco adds VanEck's Brouwer to Benelux ETF team

Invesco, an asset management firm with a Luxembourg presence in Kirchberg, Invesco Management S.A., said it has expanded its Benelux operation with the hire of a new ETF sales manager. Jolien Brouwer has joined the Invesco Benelux team as ETF sales …
April 7, 2022
Asset Allocation,Investing

The next waypoint for investors: corporate earnings 

When it comes to the prospect of a recession, and a possible prolonged period of stagflation, the jury is still out, even in Europe. Although in agreement on a deteriorating economic outlook, major asset managers such as BLI, Pictet and JP Morgan hold …
April 7, 2022
Opinion

Chart of the week: What do we really know about inflation?

Most research papers on inflation focus on the period from 1950, after World War II, or from the 1980s after former Fed Chairman Paul Volcker destroyed inflation with a mighty series of interest rate hikes.  Yet these periods offer less information than …