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Date
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March 18, 2025
Laws and Regulations

Eltif 2.0 brings new dynamics but does not eliminate all doubts

The relaxed rules around Eltifs, the European vehicles for non-listed investments, are leading to a series of new launches. However, not all market players are equally enthusiastic. Many are still adopting a wait-and-see approach. An Eltif (European Long …
March 18, 2025
Asset Servicing

Alternative funds drive Luxembourg depositary growth but expose digital gaps

Luxembourg’s depositary banking sector is undergoing a structural shift as demand for alternative investment funds (AIFs) continues to rise. The latest ABBL–KPMG survey shows a significant expansion in assets under depositary (AuD) for RAIFs, private …
March 17, 2025
Asset Allocation,News

Bund yield rises further as Berlin struggles with budget deal

Germany is at a financial crossroads. Friedrich Merz and his CDU/CSU are pushing to relax strict debt rules to unlock billions in defense and infrastructure investment.  The clock is ticking ahead of Tuesday’s Bundestag vote. But on Friday, Merz reached …
March 17, 2025
Opinion

Chart of the week: short-term pain

In recent weeks, an old-fashioned "self-fulfilling prophecy" appears to be taking shape. To ensure that the Republicans remain in power in two and four years, it is crucial for Trump to give the economy and markets a blow now. For Trump and his …
March 14, 2025
Events,Wealth Managers

What could go wrong in private markets investments?

Institutional investors remain wary of semi-liquid private funds, a sentiment that was on full display at this year’s Luxembourg Meeting for Private Markets Investments, a German-language private markets conference known as Lumpi.  While asset managers …
March 14, 2025
Asset Allocation,Investing

Emerging markets regain appeal as US equities look overvalued

Emerging markets may finally be ready to take the spotlight. Years of underperformance and low valuations have created room for a rebound, just as US equities appear fully priced. With Chinese tech leading a quiet rally and capital flows poised to …
March 14, 2025
Expert Panel

Morningstar: AXA versus Columbia Threadneedle in European listed real estate

Beyond the human suffering, the COVID-19 pandemic had far-reaching consequences for numerous sectors, particularly the real estate sector. Some market segments are still searching for a new equilibrium. Unlike the 2007-2008 crisis, attention this time has …
March 13, 2025
Asset Managers,Asset Servicing

Luxembourg sees an opportunity in European pension reform

With EU citizens holding around 34 trillion euros in savings—one-third of which sits in bank deposits—Luxembourg sees an opportunity in European pension reform.  The Pan-European Personal Pension Product (Pepp), an EU initiative designed to offer a …
March 13, 2025
Transfers

People moves: Christophe Santer to lead bunch into Luxembourg

This week’s overview of transfers and other people moves in and around Luxembourg includes updates from Berlin-headquartered private markets fintech bunch, Cube Infrastructure Partners, fund administration group Gen II and real estate developer Edge. …
March 12, 2025
Asset Allocation,News

Wall Street looses patience with Trump

It was the day Wall Street lost patience with President Donald Trump. Monday’s selloff was swift, messy, and impossible to recover, as investors recoiled from a tech slump, tariff-inspired fears, and fresh jitters over the economy. A decisive nudge came …