2451 results for ""
Date
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July 25, 2023
Investing

A September rate hike is not a foregone conclusion

The European Central Bank is set to make headlines again on Thursday as it is widely expected to raise its benchmark interest rates by another 25 basis points. The financial world is keenly watching to gauge the ECB's plans for September and beyond. While …
July 25, 2023

Falling dollar puts spotlight on ‘underinvested’ currencies

Declining inflation in the United States is pushing down the dollar. Analysts expect a more prominent role for currencies from emerging markets. There are 'strong indications' that the decreasing US inflation figures, resulting in a lower interest rate …
July 25, 2023
Opinion

No future for undue costs

The European Securities and Markets Authority (Esma) recently focused its attention to undue costs of Ucits and AIFs and issued an opinion thereon in May 2023. In January 2021, Esma started a Common Supervisory Action (CSA) with the national supervisors …
July 24, 2023
Asset Servicing

Apex Group expands in Japan by acquiring Axess

Apex Group, a global financial services provider with a significant presence in Luxembourg, on Monday said it agreed to acquire Axess Accounting Office, a provider of corporate tax services for real estate and private equity firms in Japan. Financial …
July 24, 2023
Asset Managers,Asset Allocation,Investing

Navigating private equity, Baillie Gifford advocates prudence

As pressure mounts on investors to allocate larger portions of their portfolios to alternatives, Stuart Dunbar, a partner and director at Edinburgh-based investment manager Baillie Gifford, stresses the need for careful consideration. He highlights the …
July 23, 2023
Opinion

Chart of the Week: An exodus of doves?

I had to double-check my Bloomberg screen. But it was there indeed, Dutch central bank chief Knot indicated in a recent Bloomberg interview that further monetary tightening after the ECB meeting in July is anything but guaranteed. And that, coming from …
July 20, 2023
Sector,Supervision,Laws and Regulations

AIFMD deal clarifies leverage rules for loan funds

Negotiators from the European Council and European Parliament have reached a provisional agreement on new rules aimed at enhancing European capital markets and bolstering investor protection within the EU. The deal, reached during the early hours on …
July 20, 2023
Supervision,Laws and Regulations,Wealth Managers

FSMA: Fuchs no longer may provide services in Belgium

Luxembourg's Fuchs & Associés Finance SA is no longer allowed to provide services in Belgium after its Luxembourg licence as a financial services professional was revoked by CSSF, Belgium’s financial markets supervisor FSMA said. “Due to the revocation of …
July 20, 2023
News,Sector

Luxembourg 2nd cross-border provider in EU retail

Cyprus has emerged as the primary location for firms offering cross-border investment services to retail clients in the European Union and European Economic Area, accounting for 23 percent of the total firms providing passported services. Luxembourg and …
July 20, 2023
Investing

Goldman Sachs AM raises $200 mln with its first Eltif

Goldman Sachs Asset Management has successfully raised over 200 million dollars with its inaugural European Long Term Investment Fund, Private Markets Eltif 2023. The fund offers individual investors direct access to investments in the private market and …