David Lloyd

AT1 bank bonds in focus as Swiss force mass write-off
Sector
March 20, 2023

AT1 bank bonds in focus as Swiss force CS write-off

So-called AT1 bonds, also known as CoCos, were in focus on Monday as shares of European banks showed…
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Apex appoints BDO’s Alfonso as global head of valuation
Transfers
March 20, 2023

Apex appoints BDO’s Alfonso as global head of valuation

Financial services provider Apex Group on Monday said it has appointed Tony Alfonso as global head…
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UBS, Credit Suisse merge to become Europe's largest systemic bank
Private Banks
March 20, 2023

UBS, Credit Suisse merge into Europe’s largest G-SIB

UBS is acquiring industry peer Credit Suisse for 3 billion Swiss francs. They will pay 0.76 Swiss…
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Investors scratch their heads over cursed 60/40 portfolio
Asset Allocation
March 20, 2023

Investors scratch their heads over cursed 60/40 portfolio

After a formidable start for the capital markets in 2023, followed by the “SVB correction”, a…
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Chart of the week: Red-hot
Asset Managers
March 19, 2023

Chart of the week: and then everything was different

Little is more volatile than financial markets. One minute equity markets are stumbling over yet…
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Clifford Chance's Emmanuel-Frédéric Henrion and Marie Preat speaking at the firm's March 2023 global funds conference in Luxembourg.
Investing
March 17, 2023

Lack of liquidity not seen as show-stopper for Eltif 2.0

Luxembourg is strongly enthusiastic about the prospects of the new Eltif 2.0 regime as experts here…
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Asset Allocation
March 17, 2023

Top 5: UBS gold mine tracker leads precious metals funds

In a turbulent year like 2022, investors needed refuge, which was almost nowhere to find…
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ECB surprised by rapid transmission of monetary policy 
News
March 16, 2023

ECB unsure about next steps after hiking 300bps since July

After 300 basis points in six subsequent rate hikes since last July, the European Central Bank on…
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Asset Servicing
March 16, 2023

Apex to service NewVest PE 50 private equity blockchain fund

Financial service provider Apex Group on Thursday said it has been appointed by NewVest to provide…
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Pension funds see losses in real estate portfolios
Asset Managers
March 16, 2023

Pension funds see losses in real estate portfolios

Dutch pension funds, a major category of investors in global markets and clients to many Luxembourg…
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Sector
March 16, 2023

Credit Suisse wants to become ‘smaller, more focused bank’

Negative global market sentiment against Swiss bank Credit Suisse meant Europe’s banking sector was…
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Johan Lema, head of Belgian asset management association Beama.
Asset Managers
March 15, 2023

Luxembourg Ucits now dominant in Belgium

Luxembourg-domiciled Ucits investment funds for retail investors have become the most widely used…
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Claude Wampach, director banking supervision at the CSSF. Photo: CSSF.
Supervision
March 15, 2023

Bank supervisor Claude Wampach: ‘The market is always right’

Now that the initial dust on SVB’s collapse has settled, one of Europe’s top bank supervisors has a…
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Amundi on US bank crisis: ‘This is not a systemic risk’
Sector
March 14, 2023

Amundi on US bank crisis: ‘This is not a systemic risk’

Europe’s biggest asset manager Amundi on Tuesday said it does not believe that the collapse of…
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