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February 13, 2023
Asset Managers

Dubost to lead DWS Luxembourg, Jonk heads Dutch, Belgium units

DWS, the asset management arm of Deutsche Bank, on Monday said that Olivier Dubost de Cadalvène, currently head of DWS in France, Middle East & Africa, has taken up the additional responsibility for Luxembourg. The appointment coincides with the …
February 13, 2023
Laws and Regulations

Kickbacks fight returns as EU retail investment debate looms

Luxembourg’s permissive environment for inducements and an acceptance of non-independent investment advice will make a good test case for the EU’s upcoming retail investment strategy. A fight is brewing over “kickbacks” as the European Commission …
February 13, 2023
Products,Asset Servicing

21 new Luxembourg Raifs registered during January

Some 21 new Reserved Alternative Investment Funds, or Raifs, were registered at the Luxembourg Business Register during January, according to information made public at the end of the month. The following funds have been registered: NAME MANAGEMENT …
February 12, 2023
Investing,Opinion

Chart of the week: Red-hot

The US economy created more than half a million jobs in January. That was almost three (!) times more than expected. Most importantly, such a job growth figure does not fit with a coming recession, but neither does it fit with a much hoped-for soft …
February 10, 2023
Transfers,Asset Servicing

Peter Corry joins Ocorian as head of global funds

Jersey-headquartered funds services and solutions provider Ocorian has appointed Peter Corry as head of global funds in Luxembourg as it continues to strategically grow and enhance its service to international fund managers. Corry joins from IQ-EQ where …
February 10, 2023
Asset Managers,Asset Allocation

iShares: bond ETF market can grow to $5,000 billion

Index products have seen significant inflows at the expense of active products, reflecting increasing interest from both institutional and retail investors. The outlook for Europe remains positive in the coming years. Bond ETFs in particular still have …
February 10, 2023
Investing,Supervision

‘Prepare for further market corrections,’ says Esma

The European Securities and Markets Authority, the EU’s financial markets regulator and supervisor known as Esma, on Thursday warned investors that they should prepare for further market corrections, given a “confluence of high risks”.  Publishing its …
February 10, 2023
Laws and Regulations,Investing

Luxembourg discusses new Eltif tax regime as Strasbourg votes

As the European Parliament, during this month's plenary session in Strasbourg, debated the proposed changes to the EU’s regulation for long-term investment funds, a plan also known as Eltif 2.0, Luxembourg was discussing a special tax regime for this new …
February 10, 2023
Asset Managers,Products

Top 5 Global Real Estate Funds: Invesco leads in 2022

For investors in listed real estate who are deeply concerned about growth slowdowns and increased financing costs, 2022 is a year that will not soon be forgotten. For this week's Top-5, we look at the best-performing global real estate funds in 2022.  …
February 9, 2023
Investing,Wealth Managers

Morgan Stanley CIO sees a ‘bear market bounce’

Stocks have continued their rebound into 2023, delivering one of the best openings to a calendar year since January 2000. Morgan Stanley however believes the gains are just another bear market bounce.  The inverted yield curve in the US, the curious …