2556 results for ""
Date
|
January 11, 2024

Transfer Thursday: Quintet, Waystone, Crestbridge, PwC

This week's overview of transfers, appointments, promotions, and other people news includes updates from Quintet, Governance.com, Waystone, Crestbridge and PwC Luxembourg. Gerwin Wijnia and Iris van de Looij Gerwin Wijnia, Chief Investment Officer at …
January 10, 2024
Opinion

SFDR: Benefiting everyone but investors

Since its implementation in 2021, the EU Sustainable Finance Disclosure Regulation (SFDR) has successfully redirected flows from non-ESG funds to ESG ones. In Luxembourg, over 50 percent of Ucits funds are now classified as either an Article 8 or 9 fund, …
January 10, 2024
Investing

Global AuM down 0.2% in euro terms, 2.7% in dollar, during Q3

The latest quarterly report from Efama, the European Fund and Asset Management Association, shows that the global investment fund industry witnessed a slight decrease in net assets, dropping by 0.2 percent in euro terms to 64.33 trillion euro in the third …
January 10, 2024
Sector,Laws and Regulations

Delays in parliament put Retail Investment Strategy at risk

(This article has been updated to include comments from MEP Yon-Courtin.) The European Union’s Retail Investment Strategy is teetering on a tightrope. Plans for a final vote in a key European Parliament committee have been pushed back to late March, …
January 9, 2024
Sector

Investors tread cautiously in considering El Niño risks

The risks of the El Niño weather phenomenon can be approached as an opportunity, but large investors are showing caution and prefer not to seek out these risks. Quantifying the effects of this and other climate factors is complicated enough.  Every three …
January 9, 2024

Deloitte boosts fintech practice with Alto Advisory

Deloitte Luxembourg on Monday said it has acquired the fintech practice of Alto Advisory for an undisclosed amount per 1 January 2024. Alto offers software services for depositaries, transfer agents and fund managers. Yoan Jagoury (photo), Alto founder …
January 9, 2024
Asset Servicing

‘Outsourcing remains a dominant force in Luxembourg’

Luxembourg's financial sector continues to rely heavily on outsourcing services. A survey, conducted by PWC among 342 top executives and operational heads in the financial sector, found that a remarkable 90 percent of them engage in outsourcing …
January 8, 2024
News,Supervision

CSSF ready to conditionally approve Eltif 2.0 applications 

Luxembourg’s financial supervisor CSSF is ready to conditionally give its green light for new applications of Eltif 2.0 funds, even as the market still awaits a final adoption of the regulatory and technical standards, known as the RTS, by the European …
January 8, 2024
Investing,Opinion

A spot Bitcoin ETF - does it matter?

The imminent decision by the U.S. Securities and Exchange Commission (SEC) on a series of U.S. spot Bitcoin Exchange-Traded Funds (ETFs) is stirring up the Bitcoin investment community. While many investors are caught up in a typical “buy the rumour, sell …
January 5, 2024
Sector,Supervision

Eltif 2.0 launch: Tension builds in Luxembourg

As the clock ticks down to the much-anticipated launch of the revamped EU regime for European Long-Term Investment Funds (Eltifs), the private markets world is abuzz with anticipation and a dash of uncertainty. In less than a week, the Eltif 2.0 regime …