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Date
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March 7, 2022
Asset Managers

Cathie Wood’s faith in innovation remains strong

While the plunge in the Ark Innovation ETF, a once-popular technology fund with about 50 billion dollars in assets, has made some investors question the fund’s strategy, Ark’s long-revered manager Cathie Wood made clear on Monday that she has not lost her …
March 7, 2022

Markets fall again as oil surges, ECB faces complex dilemma

Financial markets started another volatile week on Monday, extending their declines after leading stock market indices fell sharply on Friday amid worries about the ripple-effects of Russia’s war against Ukraine. Oil prices surged further on Monday, with …
March 4, 2022

Top 5 - LuxX in the lead

Almost every European country has its own national stock index. Indices like the AEX, the BEL20 and in Luxembourg, the LuxX index, are all recognised national benchmarks in their country. Well-known among private investors, but less useful for …
March 4, 2022
Laws and Regulations,Wealth Managers

Luxembourg reluctant to move on Russian oligarchs

Luxembourg has joined the international move to impose sanctions against Russia for its ruthless invasion of Ukraine. It has followed steps taken by other European and global countries and organisations, including condemning Russia’s aggression, even …
March 3, 2022
Asset Allocation

Nagelmackers sees UK, China, Brazil as macro hedge

A global macro strategy seems the place to be in the current extremely volatile stock market climate. But beware, if you do not combine global macro with micro factors, you are doomed to fail, says Christopher Govaerts (photo), chief strategist at Belgian …
March 2, 2022
Asset Allocation

Russian assets now seen as 'morally reprehensible'

Russia's financial ecosystem is imploding. The impact is felt both in Moscow, where stock exchange trading is halted, as well as in the rest of the world. Institutional investors and multinationals are turning their backs on Russia as the economic fallout …
March 2, 2022
Laws and Regulations

Luxembourg’s Russian interests set for change

Russian interests have found Luxembourg’s expertise useful as a European business hub for several decades. Here we look at the state of this relationship before the invasion of Ukraine, and how these arrangements might be affected by the subsequent …
March 2, 2022
Products

Defence: how an unwanted child becomes wanted

German Chancellor Scholz's announcement that he is making 100 billion euro available from the federal budget to strengthen national and European defence has not missed the mark. German Rheinmetall shares extended gains on Tuesday, adding another 18 …
March 1, 2022
Asset Managers

Alfi DG Thommes: ‘Indirect impact may go further’

Also as international funds hub, Luxembourg finds itself exposed to the economic fallout from Russia's war against Ukraine. Hundreds of investment funds with assets in Russia’s financial markets are making extra efforts to keep clients abreast about the …
March 1, 2022

Swiss join EU sanctions against Russia

Switzerland, long a place for Russian oligarchs to park their money, announced Monday it would set aside its long-standing and deeply-rooted tradition of neutrality in order to freeze Russian financial assets in the country, as the fast-moving …