2448 results for ""
Date
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April 30, 2024
Opinion

ECB: Practice what you preach!

I devour every speech and interview given by ECB board members, relishing each word. Yet, despite my enthusiasm, Christine Lagarde's turns at the podium often leave me cold. Her discussions frequently veer away from monetary policy, straying into …
April 30, 2024
Sector

In 1959, Luxembourg joined the century-old fund revolution

One hundred years following the establishment of the inaugural open-ended equity fund, modern actively managed mutual funds appear to grapple with an ambiguous future. Between early 2021 and late 2023, investors extracted over $1 trillion from active …
April 29, 2024
Asset Managers,Investing

Moonfare CEO: Private credit concerns ‘not entirely unjustified’

Steffen Pauls led KKR in Germany for over eleven years before becoming CEO of Moonfare. In 2015, he left the American investment company with a new goal: making private markets accessible to individuals. He understands all too well this target group …
April 29, 2024
Asset Managers,Laws and Regulations,Wealth Managers

AML efforts stymied by lack of qualified staff, PwC finds

Despite constant new regulations and sophisticated technology, one of the main reasons why money-launderers and terrorism financiers continue to succeed is a simple lack of qualified personnel able to make effective use of such tools, according to a …
April 29, 2024
Investing,Opinion

Is the yuan ripe for devaluation?

China is currently navigating a precarious situation reminiscent of the mythical dilemma between Scylla and Charybdis, grappling with a persistent real estate slump and waning investment interest. Adding to the challenges, U.S. Federal Reserve Chair …
April 26, 2024
Products

Promising start to 2024 for global high-yield bonds

The start of 2024 has unfurled a rather promising chapter for global high-yield bonds. While the allure of hefty initial yields continues to draw the investor's gaze, the relatively narrow spreads hint at an underestimation of the lurking credit risks. …
April 25, 2024
Asset Managers

Schroders launches search for new CEO

Schroders plc, one of Europe’s leading asset managers, has announced that its CEO, Peter Harrison, intends to retire next year after a decade on its board. The firm, headquartered in London, has initiated a search for his successor and anticipates an …
April 25, 2024
Sector,Supervision,Asset Servicing

Fuchs & Associés fined again, for money laundering, tax fraud

Less than a week before announcing the sale of its asset management services arm, Luxembourg’s troubled investment firm Fuchs & Associés Finance - still in liquidation - was fined €785,000 by the Grand Duchy’s financial supervisor CSSF under laws on the …
April 25, 2024
Transfers

Transfer Thursday: ABBL, Tidan Capital, Clifford Chance

This week’s overview of transfers, appointments, promotions and other people news includes updates from ABBL, Schroders, Clifford Chance, Tidan Capital and Schroders. Yves Stein Yves Stein (photo), CEO of Edmond de Rothschild (Europe),  has been elected …
April 25, 2024
Opinion,Laws and Regulations

Loan origination funds; exploring the evolving framework

Loan origination activities under the EU's second Alternative Investment Fund Management Directive, known as AIFMD2, present both opportunities and challenges for alternative investment funds, or AIFs, writes Geoffroy Hermanns, partner at Norton Rose …