Luxembourg's Commissariat aux Assurances (CAA) slapped Lombard International Assurance with a record 1.68 million euro fine for lapses in its anti-money laundering (AML) and counter-terrorism financing (CTF) controls. This enforcement action underscores …

The roller coaster ride of the private markets hit a notable dip in 2023, per McKinsey & Company's annual deep dive. Last year, the industry saw a global fundraising decrease of 22 percent to a little over one trillion dollars, marking the lowest point …

Growth has turned into our modern-day holy grail—a beacon that politicians, companies, and individuals relentlessly chase, often with promises and aspirations that border on the fantastical. Every election cycle, candidates tout it as their deliverable. …

We embark on the second quarter with the launch of a revised feature: the Morningstar Fund Radar. In this weekly column, succeeding the previous Top 5 analysis, Morningstar’s fund analysts examine the state of affairs within a particular asset class, then …

Apex Group announced on Wednesday that it has become the first fund administrator to utilise blockchain technology as a book of record. This innovation has led to the introduction of a new, digital share class and a Distributed Ledger Technology (DLT) …

Legal & General Investment Management (LGIM) on Wednesday has announced that it has launched of its Short-Term Alternative Finance Fund under its newly created umbrella fund platform leveraging the Luxembourg regime for Reserved Alternative Investment …

This week’s overview of transfers, appointments, promotions and other people news includes updates from Arthur D. Little, IIA Luxembourg, ACA and EFG. Martin Rauchenwald Martin Rauchenwald (photo) has been appointed as managing partner and global …

After reading some comments that speculated on the future of the fund industry in Luxembourg, I wanted to share my honest and personal views on this topic. I do not have a crystal ball, so cannot say if the predominant role of Luxembourg as a fund …

A significant portion of financial influencers, commonly known as finfluencers, has been found to neglect proper disclosure practices when promoting products or services, according to a study conducted by the CFA Institute. The institute is now calling on …

France reported a few weeks ago that its already exorbitant budget deficit of 4.9 per cent of French GDP would be breached. And that was no lie. According to statistics agency Insee, the budget for 2023 will go into the minus by a whopping 5.5 per cent. …

Lombard Intl hit with record €1.68 mln fine over AML flaws

McKinsey: Private markets hit a rough patch

We don’t want growth!

Global equity funds: spotlight on Allianz Best Styles

Hamilton Lane fund goes digital with Apex’s blockchain solution

LGIM uses Lux Raif umbrella fund to sell unlisted debt

Transfer Thursday: Amundi, Arthur D. Little, IIA, ACA, EFG

Asset managers don’t come to Luxembourg for the weather

CFA urges investment firms to train finfluencers on compliance

Repeat offender