Global financial services provider Apex Group Ltd announced on Thursday the close of its acquisition of Sanne Group plc, a leading global provider of alternative asset and corporate services. Both firms have been part of the Luxembourg financial …

Three things come into play when forecasting future inflation. First of all, the difference between supply and demand. At macro-economic level, an estimate is often made of the output gap, or the tightness of the labour market. In addition, the current …

The 55 million euro high security, high value storage facility formerly known as the Luxembourg Freeport – now known officially as the High Security Hub (HSH) – was back in the headlines recently as auditor BDO Audit drew attention to what it termed …

From 2 August 2022, a European Commission regulation comes into force (Commission Delegated Regulation 2021/1253 of 12 April 2021) as part of MiFiD II that requires providers of investment advisory and discretionary portfolio management services to …

With a recession looming in Europe, investors again are on the lookout for suitable safe havens. Ethenea’s investment strategist Andrea Siviero, who manages the firm’s 60-million-euro Hesper Fund - Global Solutions together with Federico Frischknecht, …

And then things moved fast. Business confidence fell to worrying levels in July, making a recession, especially in Europe, seem inevitable. The S&P Global Flash Composite (Manufacturing + Services) PMI for Germany fell to 48.0. Well below the “magic” …

A recent study conducted by Boston-based State Street has found evidence of “green shorting”, a phenomenon in financial markets where investors borrow shares of companies with a weak sustainability profile and sell them in the hope they can buy them back …

The risk of recession and persistent inflation resulted in a correction of almost all risky assets. Also high yield bonds ended the first half of the year with heavy losses. An update: Interest rate hikes in developed markets caused most bond categories …

Luxembourg-based steelmaker ArcelorMittal, the world’s second-largest, on Thursday posted higher-than-expected earnings thanks to rising prices but warned that it sees risks in inflation, the ongoing war in Ukraine and the effects of the Covid-19 pandemic …

The US Federal Reserve announced an expected 75 basis point interest rate hike on Wednesday evening. Inflation pain will now have to be carefully weighed against the threat of an economic recession. Equity markets reacted positively to the announced …

Apex's Sanne acquisition affects 250 Luxembourg staff

The pitfall of inflation forecasting

Auditor says former Freeport has questionable future

MiFID II client sustainability preference rule comes into effect

Ethenea’s Siviero sees Swiss franc, yen as safe havens

Chart of the week: Rough and tumbling business confidence

‘Green shorting’ emerges as new phenomenon in State Street study

Top 5 Global High Yield bond funds: UBS in the lead

ArcelorMittal sees risks in growth, inflation and China

Markets welcome 75 bp rate hike by Federal Reserve