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Date
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April 12, 2022
Asset Servicing

Universal, with EFA, sets eyes on growth in Benelux, Nordics

Frankfurt-based Universal Investment Group, a leading asset services provider with Super ManCo status in Luxembourg, on Tuesday flagged further European growth ambitions outside German-language countries when it announced it had reached agreement on its …
April 12, 2022
Asset Servicing

Apex Group continues growth with US acquisition

Apex Group, a global asset services specialist present in Luxembourg also with its FundRock and LRI Invest subsidiaries, on Tuesday said it has acquired a majority stake in FTS, a US-based tax services firm serving clients in the alternative investment …
April 12, 2022
Laws and Regulations,Technology

'Luxembourg set for mass adoption of tokenisation'

Reactions in some quarters of Luxembourg’s crypto community to the CSSF DLT white paper released earlier this year, still the focus of detailed discussion, highlighted a difference of opinion about public blockchains, with the CSSF focussing on the …
April 12, 2022
Investing

On cusp of new inflation era, ECB set to hold rates steady

While the Federal Reserve is expected to raise rates aggressively in the coming months, the European Central Bank, fearing the impact on Europe’s weaker economies, will remain reluctant to quickly boost Eurozone interest rates to mitigate the effects of …
April 11, 2022
Asset Managers

Goldman seeks deeper, wider growth by acquiring NN IP

With its 1.7 billion euro acquisition of Dutch asset manager NN Investment Partners completed as of today, US investment powerhouse Goldman Sachs Asset Management takes a major strategic step towards further growth. NN IP's full management board will …
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 …