2944 results for ""
Date
|
May 27, 2024
Asset Servicing

Tough ride ahead for Euro funds under new US T+1 settlement rule

From Tuesday, US trades of stocks, bonds and ETFs will need to be settled within a single day, not two, presenting significant challenges to European funds dealing in US securities. Insiders warn for a “tough ride” for traders to meet the tighter …
May 27, 2024
Asset Servicing

Luxembourg’s ManCos employ record 7,700 people, up 11%

Luxembourg's Management Companies, the firms that handle a substantial portion of investments serviced in the Grand Duchy, employed a record 7,700 people at the end of last year, up 11 percent from the previous year. This figure is reported in PwC's 2024 …
May 27, 2024
Opinion

The end of the dollar dominance?

China's recent massive sell-off of U.S. government bonds has financial headlines buzzing. This unprecedented move comes on the heels of President Biden’s decision to hike import tariffs on various "strategic" goods, including electric cars, by a …
May 24, 2024
Sector,Laws and Regulations

Esma proposes EU label for ‘basic’ investment products

The European Securities and Markets Authority (Esma) unveiled a new initiative this week aimed at making investment opportunities more accessible across the EU. At the heart of this plan is a new "basic and simple" EU investment product label, intended to …
May 24, 2024
Products

European equities: The rise of the ‘Granolas’

In the US, a select group of seven stocks have garnered much attention since last year for their impact on stock market performance. This illustrious group, known as the Magnificent Seven , includes Microsoft, Apple, Alphabet, Amazon, Nvidia, Meta, and …
May 23, 2024
Asset Servicing

High rates, sub-funds keep Raif registrations in check

Registrations of new Reserved Alternative Investment Funds, a highly popular private market vehicle in Luxembourg known as Raifs, slowed during April, continuing a downward trend from the peak observed last December. The numbers reflect the impact of …
May 23, 2024
Transfers

Transfer Thursday: new BIL CEO, Gen II grows Euro team

This week’s overview of transfers, appointments, promotions and other people news includes updates from Banque Internationale à Luxembourg, Gen II Fund Services, Robeco, and Dubai-based GSB. Jeffrey Dentzer Jeffrey Dentzer (photo, left) has been appointed …
May 23, 2024
Asset Servicing

FE fundinfo boosts German service with Dericon buy

FE fundinfo, a Luxembourg-based financial data company that connects the asset management industry to distribution networks across the UK, Europe, and Asia Pacific, has announced its acquisition of Dericon, a fintech firm based in Frankfurt. Financial …
May 22, 2024

Growth stocks face a high downside risk

As after the bursting of the internet bubble at the beginning of this century, there is a danger that growth stock valuations will fall significantly, according to David Cohen, co-fund manager of the Robeco BP US Large Cap Equities fund. Meanwhile, higher …
May 22, 2024
Laws and Regulations,Asset Servicing

Aztec Group gets Luxembourg AIFM license

Jersey-headquartered Aztec Group has announced the launch of its Alternative Investment Fund Manager (AIFM) service in Luxembourg. This new service offers a range of support functions required by alternative investment managers establishing and managing …