The earnings season has started in Europe. But it's a rather strange one. 'All companies have stopped issuing guidance,' observes Gilles Guibout, head of European shares at AXA IM. 'That makes it difficult for bottom-up investors. So more than ever, we …

Equities – down. Fixed income – down. Precious metals – down. Commodities – down. These have been a strange, potentially frightening few weeks for all investors, including private bankers. Already before the current coronacrisis, Luxembourg’s private …

Investment data and research provider Morningstar is acquiring full ownership of Sustainalytics, the ESG ratings agency. Morningstar already owned a 40%-stake in the company. The transaction includes a cash payment of €55 million and additional cash …

European regulators are trying to prevent a liquidity crisis caused by excessive outflows from investment funds in the wake of the coronavirus crisis. The CSSF has joined other European regulators in asking asset managers for large amounts of information …

The first US earnings results came in published last week. As always, the major banks were first, showing disappointing results and withdrawing guidance for the second quarter. The consequence: analysts look into a black hole of uncertainty. The largest …

The CSSF is facilitating the defrauding of investors by failing to timely enforce regulation on funds, says David Mapley, director of the LFP 1 Equity Power Fund. Mapley (pictured) runs several Luxembourg-domiciled funds, known as LFP I, that were …

Despite a Brexit-inspired influx of banks to Luxembourg, the number of banks active in the country is dwindling. At the same time however, many of the remaining banks keep growing their revenue thanks to an increasing focus on ultra-high net worth …

The real impact of the corona crisis on private equity valuations has yet to become visible, but it’s already time to look for new direct and co-investments. ‘Past experience has shown that post-crisis years are often good vintage years for new private …

The Federal Reserve is by far the largest single owner of US government bonds. If the Fed continues its buy-back policy at its current pace, all US government debt will be in the hands of the central bank in less than two years' time. That's a good reason …

A study of bear markets shows that in 70 percent of the cases stock markets fell back to a new low. In 30 percent there was a continuing recovery after a severe crash. We are probably experiencing the latter scenario now, according to BNP Paribas Fortis' …

'Lack of guidance requires top-down approach'

Covid-19: one more hit for embattled private banks

Morningstar acquires Sustainalytics

CSSF steps up fund monitoring to prevent liquidity squeeze

Investors kept in the dark as earnings season starts

‘CSSF fails to enforce fund regulation’

Luxembourg banks find new growth niche

‘Recession creates entry opportunities for private equity’

BlackRock advises: Sell US Treasuries

BNP Paribas expects V-shaped recovery