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October 10, 2023

Luxembourg 4th in global sustainable startup ranking

A new study has ranked Luxembourg as the 4th best OECD country for a sustainable business startup. Switzerland, the United Kingdom and Sweden take the three podium places. The study by Utility Bidder, a UK energy consultancy for businesses, shows that …
October 10, 2023
Asset Managers

Why investors can’t afford to ignore Scope 4 emissions data

Companies that help prevent CO2 emissions play a crucial role in the transition to a low-carbon economy. They unfairly remain under the radar of investors, argues Raj Shant, managing director at Jennison Associates, in an interview with Investment Officer …
October 10, 2023
Sector,Laws and Regulations

Return of CSV could redraw country’s financial course

With the collapse of the Green vote ending the country’s so-called “Gambia” (blue, green, red) coalition, Luxembourg’s financial sector is seen to stand to benefit from the near-certain return of the exiled Christian Socialists to governing. There’s an …
October 9, 2023

Investors turn eyes on oil, Iran after shock Hamas attack

The rapid escalation of hostilities between Hamas and Israel has triggered a significant rise in crude oil prices. Whether broad market volatility will follow depends on Iran.   The most immediate impact on the market by the unexpected flare-up of …
October 9, 2023
Asset Managers,News,Wealth Managers

‘Investors pivot towards localised supply chains’

Global investors are increasingly favouring businesses with localised supply chains in response to geopolitical uncertainty and inflation, according to the Schroders Institutional Investor Study for 2023. Schroder’s annual survey of 770 investors in 36 …
October 9, 2023
Opinion

Manufacturing prices signal potential inflation shift

Thursday's ADP employment growth figure modestly stood out with a meagre addition of 89,000, but the real stunner last week was the ISM Manufacturing Prices Paid Index. Contrary to expectations and amidst surging energy prices, it plummeted last month to …
October 6, 2023
Private Banks,Transfers

Credit Suisse’s Warren Hastings joins Quintet

Warren Hastings has been appointed as group co-head of investment and head of portfolio Management at Luxembourg-headquartered Quintet Private Bank. Hastings served for the past dozen years at Credit Suisse, first in Asia and then for the previous five …
October 6, 2023

Unpacking the growth of private debt

The private debt market's robust growth is largely attributed to tighter regulations imposed on commercial banks. A recent US banking crisis, coupled with stricter Basel IV norms, propels this surge. Additionally, tight monetary policies are leading to a …
October 6, 2023
News,Sector

As Luxembourg votes, talents and taxes feature on finance’s agenda

Luxembourg is heading to the polls on Sunday. The outcome is anticipated to reaffirm the Grand Duchy's status as an international financial centre rooted in political stability. Two issues, however, stand out: talents and taxes. A recent PolitPro.eu poll …
October 5, 2023
Investing

‘Our growth stocks could increase fivefold’

Investors often overlook the growth potential of companies exposed to megatrends like the energy transition and artificial intelligence. Those who discern the transformative potential early and stay invested might reap significant returns in the next …