Luxembourg is set to modernise its legislation for investment funds under a proposal that will first be discussed later this week in the grand duchy’s parliament. The bill seeks to improve the various structuring options for investment funds. The …

A recession is what usually concerns many investors, and economists. But exactly how they estimate the probability of a recession is often unclear to me. And sometimes not much of the "approach" is correct either. Given the significant potential impact on …

First-quarter net income at Amundi, Europe’s largest asset manager, fell 7.5 percent to 300 million euro when compared to the same period last year, “in line with the unfavourable evolution of the market,” the company said on Friday. The firm nevertheless …

Grand Duchy banks are taking action to prepare for an economic downturn, according to bank sector association ABBL. At its annual general meeting on Thursday, the organisation noted that rising interest rates and geopolitical uncertainty have caused …

Lawyers in Luxembourg expect that at least 20 new European long-term investment funds, known as Eltifs, will be registered in the grand duchy this year, even before the more liberal regulatory regime for these funds enters into force in 2024, researchers …

The European Union is taking a major step forward with its Green Deal initiative, and investors are now being encouraged to invest green faster. The Sustainable Finance Disclosure Regulation (SFDR) has been designed to play an important role in this …

Luxembourg’s finance minister has tabled a proposal to the grand duchy’s parliament to encourage the uptake of European long-term investment funds known as Eltifs. If adopted, the proposal will exempt Eltifs from requiring to pay the quarterly …

Deutsche Börse AG on Thursday made an offer of 3.9 billion euro in cash for Danish investment software and data provider SimCorp A/S. The offer is endorsed by SimCorp's board. The German stock exchange said it plans to integrate SimCorp into its existing …

Pictet Group has announced the appointment of Raymond Sagayam as the 47th Managing Partner in the 218-year history of the firm, effective 1 January 2024. Sagayam joined Pictet Asset Management in 2010 as head of total return fixed income to build and …

Ada Schmitt and Oliver Zwick have been named partners at law firm Clifford Chance in Luxembourg. Their promotions are part of a global cohort of 32 lawyers. Schmitt (photo) is a member of the Luxembourg Litigation and Dispute Resolution practice. She …

Luxembourg to modernise fund laws under Bill 8183

Chart of the week: a recession looming?

‘Unfavourable evolution’ in markets hurts income at Amundi

Luxembourg banks brace for economic downturn

At least 20 new Luxembourg Eltif funds expected this year

Green Deal: SFDR struggles to encourage sustainable investing

Luxembourg to encourage Eltif uptake with tax exemption

Deutsche Börse offers €3.9 billion for data firm SimCorp

Raymond Sagayam appointed as managing partner at Pictet

Schmitt, Zwick named partners at Clifford Chance