Markets globally expect earnings to rise over the next 12 months. Whether in the US or emerging markets, everywhere the expected earnings-per-share are above the current ones. Whether this will happen is doubtful. With ISM Manufacturing at 47 and that of …

The US debt ceiling seems to be an endless source of political wrangling, with parties blaming each other and threatening economic chaos. One would almost forget that debt repayment is not up for debate. Not even in the US. "President Biden is driving …

About half of all staff in Luxembourg’s financial services sector is permitted to use generative artificial intelligence tools on their office networks, while a quarter - 24 per cent - of all firms have blocked access to tools such as ChatGPT, according …

Brown Brothers Harriman (Luxembourg) S.C.A. said on Thursday it has been selected by Schroders Capital as central administrator and depositary bank for the launch of its first European Long-Term Investment Fund, or Eltif. Eltifs target a growing range of …

Luxembourg-based fund administrator Alter Domus said on Thursday that it has acquired the Solvas suite of business IT solutions from Deloitte Touche LLP, a subsidiary of Deloitte LLP, for an undisclosed amount. Solvas is a loan and debt servicing …

Belgium's largest independent private bank, Degroof Petercam, is considering a major reshuffle of its ownership structure that could potentially lead to a new majority shareholder. Some of the existing owners, mainly Belgian noble families but also …

European Depositary Bank, a Luxembourg-headquartered provider of banking, depositary and custody solutions that is part of the Apex Group, on Wednesday said it has appointed executive board member Holger Barth as global head of banking depositary. The …

Proceeds from the Luxembourg registration tax for investment funds remained flat at 1.3 billion euro last year as a small decline at Ucits funds was offset by a steep increase in proceeds from Reserved Alternative Investment Funds, or Raifs. The …

The CSSF has spent the last decade ramping up reporting requirements on fund management companies. In response, the fund industry has invested heavily in automation and now most reports are generated automatically. If only this was true! The reality is …

The upcoming arrival of retail investors in private markets, combined with economic headwinds and the need for technological innovation, have placed all private asset classes at an inflection point from where institutional parties need to make …

Chart of the week: Profit doubts

Wrangling over US debt ceiling may soon be over

Luxembourg banks seek legal clarity on use of generative AI

Brown Brothers Harriman to support Schroders’ first Eltif

Alter Domus acquires Solvas, Deloitte’s former IT services suite

Owners of Degroof Petercam want to sell their shares

EDB names Barth as global head of banking depositary

Luxembourg fund tax income flat as Raifs offset decline at Ucits

Costly outsourcing is not the solution

State Street: Private markets have reached an inflection point