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7 juillet 2023

LSFI identifies urgent training gaps in sustainable finance

The Luxembourg Sustainable Finance Initiative (LSFI) has identified a series of urgent training gaps within the finance industry that need to be addressed over the next two years, according to a recent report. This detailed examination of current training …
7 juillet 2023
Administration d’actifs

Apex to service BTC’s Argento oil and gas fund from Miami

Apex Group on Thursday said it has been appointed by BTC Investment Group to deliver fund services to its Argento Energy Fund LP, launched by the Mexican family office BTC in 2022, to manage investments in the US onshore oil and gas industry, with a …
7 juillet 2023
Asset Managers,Banques privées

‘French, Swiss banks hold best cards in bid for Degroof Petercam’

In what appears to be the final stage of bidding for Belgian private bank Degroof Petercam, two foreign banks are set to battle it out, Flemish daily De Standaard reported on Thursday, citing ‘several observers’.  The bidding process for Degroof Petercam …
7 juillet 2023
Banques privées

‘Partnership offers us a new arsenal of investment options’

“This partnership offers us a new arsenal of investment options. We also gain access to BlackRock's technology and data. Our partner's scale allows us to lower costs for our clients,” says Ludivine Pilate, CEO of Belgian private bank Puilaetco in an …
6 juillet 2023
Banques privées

Quintet s’allie à BlackRock pour booster ses capacités d’investissement

Quintet Private Bank, dont le siège social se trouve au Luxembourg et opérant à travers l'Europe, a annoncé jeudi avoir signé un protocole d'accord avec BlackRock, le plus grand gestionnaire d'actifs au monde. L'accord étendra les capacités …
6 juillet 2023
Asset Managers,Secteur,Lois et réglementation

Alfi Chair Goy: ‘The common goal is to strike the right balance’

With a clear vision in mind, Jean-Marc Goy, recently appointed as chairperson at the Association of the Luxembourg Fund Industry, Alfi,  is determined to foster the growth of the Grand Duchy's asset management sector by encouraging effective …
5 juillet 2023
Nominations

Louis Wright appointed CEO at Moventum, replacing Sabine Said

Moventum has announced the appointment of Louis Wright as the new CEO of the Luxembourg-based financial services company, following confirmation by the CSSF. With his extensive background in the industry, Wright is set to spearhead Moventum's provision of …
5 juillet 2023
Lois et réglementation

Luxembourg plans to cut subscription tax on ELTIF funds

Luxembourg is taking measures to become more competitive in the international funds market. Finance Minister Yuriko Backes has revealed plans to amend the "subscription" tax imposed on funds such as European Long Term Investment FUnds, known as ELTIFs, a …
5 juillet 2023
Lois et réglementation

Nobody’s happy about the EU agreement on MiFID review

Last week, EU governing bodies heralded an agreement updating the bloc’s financial market trading rules. The deal is said to increase EU capital markets’ global competitiveness as well as give access to the market data needed to make investing in …
4 juillet 2023

Gramegna calls for single rulebook in EU financial markets

Pierre Gramegna, former Luxembourg finance minister and managing director of the European Stability Mechanism, on Tuesday called for bolder steps towards creating better integrated financial markets in Europe. Reviving the EU’s ambition for creating a …