2899 results for ""
Date
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July 31, 2024
Expert Panel,Laws and Regulations

The new EU AML/CFT regime - what are the main upcoming changes? 

The European Union’s new anti-money laundering / countering the financing of terrorism (AML/CFT) regime addresses previous shortcomings by harmonising regulations and enhancing enforcement tools, aiming to effectively prevent money laundering and …
July 30, 2024
Investing

Pray and hope is now the ECB strategy

The European Central Bank’s (ECB) decision to cut interest rates in June was not only perplexing but also premature. This was underscored by the ECB's decision in July to maintain the rates at their new level, despite economic conditions remaining largely …
July 29, 2024
Laws and Regulations,News,Technology

Luxembourg proposes groundbreaking blockchain law for investment funds

Luxembourg has proposed a groundbreaking law that would enable the use of blockchain technology in investment funds, aiming to solidify its position as a global financial leader. Finance Minister Gilles Roth tabled the proposed legislation on Wednesday, …
July 29, 2024
Investing

Trump 2.0

As we approach the next U.S. presidential election, the political landscape is heating up with Kamala Harris gaining momentum, yet Donald Trump still leading in the polls. This has sparked a surge in so-called 'Trump trades,' reminiscent of market …
July 26, 2024
Investing

Fund Radar: High-yield bonds remain popular

High-yield bonds remain in demand among investors whose main focus is on absolute returns, this week's Morningstar Fund Radar shows.  After a rally in fixed-income bonds in the last quarter of 2023, more defensive bonds, such as those issued by …
July 25, 2024
Private Banks

BPCE to acquire Belgian bank Nagelmackers

After years of uncertainty under Chinese ownership, the acquisition of Nagelmackers by BPCE, the second-biggest banking group in France, clearly establishes the bank's new direction and affiliation. Nagelmackers, Belgium's oldest bank, is set to be …
July 25, 2024
Asset Managers,Asset Servicing

‘The people who created the Sicar were like startup entrepreneurs’

Luxembourg's first private markets fund vehicle was created exactly two decades ago this summer. Sicar is the French acronym for Société d'Investissement en Capital à Risque , or investment company in risk capital. Lawmakers, led by then-finance minister …
July 25, 2024
Transfers

Transfer Thursday: CSSF, Apex, Capital Group

This week’s overview of transfers, appointments, promotions and other career news includes updates from Luxembourg supervisor CSSF, Apex Group and Capital Group. Maureen Wiwinius Maureen Wiwinius (photo) has been reappointed as a member and chairperson of …
July 25, 2024
Opinion

JD Vance as the new power player

Trump's pick of James David Vance, better known as J.D. Vance, as vice-presidential candidate markets a firm shift. Vance's appeal in swing states and manufacturing focus could reshape the economy and ensure a Republican stronghold, impacting market …
July 25, 2024
Investing

Investors turn to steepeners to capitalize on Fed cuts

European institutional investors wishing to capitalize on anticipated rate cuts by the Federal Reserve are turning to curve steepeners. Investmentment strategists at BNP Paribas and Amundi said this strategy is rapidly becoming a no-brainer trade. …