After a significant reclassification wave last year, many hesitate to award their funds the highest sustainability label, lacking the commercial upsides of SFDR 9 reporting. Fidelity in September announced the addition of eight funds to its roster, all …

The European Central Bank (ECB) has recently reported that money growth in the eurozone saw a decline in August. The M3, a broad measure of money supply, witnessed a drop for the first time in over a decade. This further dip in money supply during August …

This week’s overview of transfers, appointments and promotions includes updates from Fidelity, KPMG Luxembourg, Kneip, Creutz & Partners and Allen & Overy. Talib Sheikh Jupiter Asset Management’s Talib Sheikh (photo) will join Fidelity later this year, …

The Luxembourg government, represented by prime minister Xavier Bettel and finance minister Yuriko Backes, on Tuesday officially inaugurated Bank of America’s new branch in Luxembourg. The office was already opened on 10 May. Speaking five days before the …

JP Morgan's recent decision to incorporate India into its Emerging Market bond index has ignited institutional interest in the world's leading emerging market government bond. However, full acceptance still has significant barriers to overcome. India's …

European ESG funds face a record number of closures as greenwashing scrutiny intensifies and the allure of higher fees diminishes, data shows. With 51 closures of ESG-listed European funds in the second quarter, this period witnessed an all-time high. The …

The sustainable finance sector has faced a whirlwind over the past two years, and the storm shows no sign of abating soon. From greenwashing scandals and SFDR downgrades to unreliable ESG data and politicised debates in the US, the landscape is …

The European Securities and Markets Authority (Esma), the EU’s financial markets regulator and supervisor, on Tuesday said it plans a comprehensive review next year of industry efforts to integrate sustainability in investment firms’ suitability …

A new global tax system is coming, putting globally-active Luxembourg firms, especially investment funds, into a desperate search to see whether they could be exposed to pay a potentially substantial top-up tax, according to rules that, to some, could …

Securities supervisors worldwide are looking to coordinate and align their approaches to greenwashing in the investment industry, it became clear on Monday during a panel debate hosted by Iosco, the Madrid-based body that brings together securities …

ESG funds reluctant to explore SFDR Article 9 dilemmas

ECB Watch: Money supply’s role in inflation

Transfers: Fidelity, Kneip, KPMG, Creutz, Allen & Overy

Bettel, Backes inaugurate BoA’s Luxembourg office

India’s bond market still lacks full acceptance

ESG on shaky ground: Higher fees no longer justify the risk

In Flux: ESG storm has yet to abate

Esma to review investors’ sustainability preferences

As global tax rules shift, funds brace for Pillar 2’s arrival

Iosco’s next goal: aligned supervision on greenwashing