2451 results for ""
Date
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September 28, 2023
Asset Servicing

UI eyes distribution boost from Alumia venture

Universal Investment Group on Wednesday announced the launch of a new Luxembourg joint venture Alumia. The firm will operate as Mifid regulated investment advisory firm providing clients with access to innovative investment strategies. The majority stake …
September 27, 2023
Asset Managers,Asset Servicing

Blackstone Europe sets up new office in Luxembourg

Blackstone, the world's largest alternative asset manager, has transitioned its Luxembourg offices to a more expansive space in the Vertigo Polaris Building, demonstrating a solid commitment to its European operations in the Grand Duchy. The inauguration …
September 27, 2023
Sector

‘Luxembourg finance sector supports fossil fuel funding’

Key players in the Luxembourg financial industry’s effort to prioritise green goals are simultaneously ensuring that oil & gas companies can continue to warm the planet, in some cases until late this century, according to a news investigation by the …
September 27, 2023
Sector,Supervision,Laws and Regulations

FATF: Luxembourg needs to bolster non-financial supervision

Luxembourg needs to make a bigger effort to supervise the non-financial sector and better scrutinize real estate firms, trust companies, notaries and services firms, the world’s top body to fight money laundering and the financing of terrorism said on …
September 27, 2023
Sector,Opinion

In my burnout experience, no fault lay with my employer

Urban Angehrn, the former chief executive of the Swiss financial regulator, FINMA, recently stepped down , citing the toll on his health from "permanent stress levels," months after orchestrating the rescue of Credit Suisse by UBS. However, it is not only …
September 27, 2023
Asset Managers,Events

APG blends human intuition with machine efficiency

The traditional portfolio manager, meticulously sifting through a hefty stack of research and diligently inputting annual reports into a valuation model, seems to be a fading image from the past. For banks and asset managers to stand out, they must …
September 27, 2023
Asset Managers,Investing

Private equity still deemed overvalued despite optimism

Despite growing optimism about investment conditions, the latest Goldman Sachs Asset Management survey indicates that a majority of investors still view private equity as too expensive. The survey, conducted in June and July 2023, interviewed over 200 …
September 26, 2023
Events,Investing

CIO debate unpacks pressing concerns over inflation

Inflation concerns continue to shape market predictions. "For three months, we witnessed impressive figures, but then oil prices spiked unexpectedly. This isn't a fleeting issue," commented Mary Pieterse-Bloem, chief investment officer of Rabobank, in the …
September 26, 2023
Private Banks,Transfers

Zakrzewski replaces Leenaars as Group COO of Quintet

Anna Zakrzewski has been appointed as the new Group Chief Operating Officer at Quintet Private Bank, headquartered in Luxembourg and active across Europe and the UK. Zakrzewski will take over from Eli Leenaars, who plans to retire at the end of the year. …
September 26, 2023
Asset Managers

DWS hit with $25 mln SEC fines over ESG, AML violations

DWS, the asset management subsidiary of Deutsche Bank, finds itself in hot water with the Securities and Exchange Commission (SEC). The investment management giant has been charged on two fronts: making misleading claims about its Environmental, Social, …