About half of all staff in Luxembourg’s financial services sector is permitted to use generative artificial intelligence tools on their office networks, while a quarter - 24 per cent - of all firms have blocked access to tools such as ChatGPT, according …

Brown Brothers Harriman (Luxembourg) S.C.A. said on Thursday it has been selected by Schroders Capital as central administrator and depositary bank for the launch of its first European Long-Term Investment Fund, or Eltif. Eltifs target a growing range of …

Luxembourg-based fund administrator Alter Domus said on Thursday that it has acquired the Solvas suite of business IT solutions from Deloitte Touche LLP, a subsidiary of Deloitte LLP, for an undisclosed amount. Solvas is a loan and debt servicing …

Belgium's largest independent private bank, Degroof Petercam, is considering a major reshuffle of its ownership structure that could potentially lead to a new majority shareholder. Some of the existing owners, mainly Belgian noble families but also …

European Depositary Bank, a Luxembourg-headquartered provider of banking, depositary and custody solutions that is part of the Apex Group, on Wednesday said it has appointed executive board member Holger Barth as global head of banking depositary. The …

Proceeds from the Luxembourg registration tax for investment funds remained flat at 1.3 billion euro last year as a small decline at Ucits funds was offset by a steep increase in proceeds from Reserved Alternative Investment Funds, or Raifs. The …

The CSSF has spent the last decade ramping up reporting requirements on fund management companies. In response, the fund industry has invested heavily in automation and now most reports are generated automatically. If only this was true! The reality is …

The upcoming arrival of retail investors in private markets, combined with economic headwinds and the need for technological innovation, have placed all private asset classes at an inflection point from where institutional parties need to make …

Claus Vorm, senior portfolio manager and deputy head of multi assets at Nordea Asset Management, underlines the importance of choosing companies with predictable and stable prospects over time, which deliver superior and less volatile performance. Without …

The money supply is rapidly shrinking, something that rarely, if ever, happens. In the United States, the money supply is shrinking by more than 4 per cent on an annual basis. And while there is an endless debate whether you should look mainly at the …

Luxembourg banks seek legal clarity on use of generative AI

Brown Brothers Harriman to support Schroders’ first Eltif

Alter Domus acquires Solvas, Deloitte’s former IT services suite

Owners of Degroof Petercam want to sell their shares

EDB names Barth as global head of banking depositary

Luxembourg fund tax income flat as Raifs offset decline at Ucits

Costly outsourcing is not the solution

State Street: Private markets have reached an inflection point

‘We look for stable businesses’

Chart of the Week: Look beyond inflation