Some long awaited regulatory clarity on ESG and sustainability requirements for fund and asset managers appears to have reduced the state of confusion that had led to a downgrade of approximately 270 billion euro in assets under management last year. Yet, …

European Fund Administration, the Luxembourg-based asset services unit of Frankfurt-headquartered management company Universal Investment, on Monday said it is rebranding to "efa", as part of its integration journey into Universal Investment. Since its …

The European Court of Auditors, the EU’s top body designed to improve financial management in the European Union, has criticised the European Central Bank for failing to properly supervise the 110 largest financial institutions in the Eurozone. The ECA, …

Franklin Templeton on Monday said that all 21 Ucits ETFs from its Icav range have become available to Luxembourg investors in response to growing client demand for ETF solutions. Registering its ETF range in Luxembourg is “an important step” in terms of …

A recent European Commission proposal to oblige EU-based eligible counterparties to hold an active account at an EU central counterparty clearing house has raised temperatures in some quarters. The measure is intended to reinforce the EU’s “open and …

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 …

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 …

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 …

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 software …

SFDR clarity welcomed but greenwashing fears linger

‘efa’ new name for European Fund Administration

EU Court of Auditors notes ECB failings in bank supervision

Role for Luxembourg in Franklin Templeton’s ambitions

EC’s clearing autonomy move raises hackles

Chart of the week: Profit doubts

Wrangling over US debt ceiling may soon be over

Brown Brothers Harriman to support Schroders’ first Eltif

Luxembourg banks seek legal clarity on use of generative AI

Alter Domus buys IT platform Solvas from Deloitte