2896 results for ""
Date
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November 28, 2024
Asset Managers,Investing

Belfius AM considers a return to defence stocks

The war between Russia and Ukraine is prompting European asset managers to reconsider defence stocks, partly at the urging of their clients. Belfius Asset Management (Belfius AM) has avoided investments in the weapons and defence sectors for years. The …
November 28, 2024
Laws and Regulations,Transfers

Transfers: HSF, Simpson Thacher set up shop in Luxembourg

This week’s overview of transfers and appointments in the fund and asset management community highlights international law firms Herbert Smith Freehills and Simpson Thacher & Bartlett hiring in Luxembourg to establish a presence in the Grand Duchy’s …
November 27, 2024
Asset Managers

Sandro Pierri: Good old days in asset management are over

European asset managers are grappling with a quadruple challenge: fragmented markets, capital outflows to the United States, demographic shifts, and a profound transformation of the industry. Sandro Pierri, CEO of BNP Paribas Asset Management and …
November 27, 2024
Opinion

Luxembourg: Living parallel lives

Luxembourg has never felt like a real country to me. It's hard to explain, but it has always seemed like an anomaly in the heart of Europe. This perception is partly shaped by my upbringing, which kept me outside of Luxembourg’s social fabric. Over 40 …
November 26, 2024
Investing

Defense stocks shield Europe against market malaise

The gap between the US and European stock markets has rarely been so wide. This week, the escalation in Ukraine has driven the markets even further apart. One sector, ironically enough, is bravely holding its ground: defense. For investors looking to …
November 26, 2024
Asset Managers,Laws and Regulations

Esma chief still sees merit in basic and simple investment product

The chair of the European Securities and Markets Authority (Esma), Verena Ross, has struck a cautious tone on proposals for the EU to develop a new "basic and simple investment product" for retail investors, while making clear that the authority still …
November 26, 2024
Expert Panel,Taxation

UCI tax: Ghent court provides relief for Luxembourg funds

The Belgian UCI tax on Luxembourg funds remains a longstanding point of contention between the two countries. However, a recent ruling by the Ghent Court of Appeal has delivered significant legal and tax advantages for Luxembourg Sicavs. In practice, …
November 25, 2024
Private Banks

Province of Luxembourg: a promising field for private bankers

No less than four of the five wealthiest municipalities in Belgium are located in the Province of Luxembourg, which borders the Grand Duchy of Luxembourg. This Belgian province—particularly its border areas—has been identified as an attractive growth …
November 25, 2024
Asset Servicing,Investing

Asset owners see tech reducing dependence on managers

Disruptive technology is shaping nearly every aspect of the global asset management industry, from growth and competition to innovation and acquisitions, according to PWC's Asset and Wealth Management Survey 2024 . The consultancy surveyed 264 asset …
November 25, 2024
Opinion

Chart of the week: questions about inflation

Fed Chair Powell has made no secret of it: he and his colleagues aim to bring interest rates back to the elusive, yet undefined, neutral rate. To reinforce this narrative, the FOMC members filled their forecasts with a significant number of expected rate …