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Date
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24 février 2023
Supervision

Cyber: CSSF echos ‘alarming’ warning on server updates

Luxembourg’s financial supervisor CSSF on Friday brought attention to a warning from the grand duchy’s cyber security authorities which said an “alarming situation” has been created because more than 500 computer servers have not yet been updated with a …
24 février 2023
Produits

Morningstar Top 5: VanEck leads global dividend funds

After years of dominance by growth stocks, dividend funds had slowly become the wallflowers of the investment universe. Investors flocked to technology, e-commerce and internet companies, which emerged as the stars in the stock market firmament partly due …
24 février 2023

Alfi: Esma approach to ESG-related fund names lacks clarity

Luxembourg’s fund and asset management association Alfi has told Europe’s financial markets supervisor Esma that its proposed rules on the use of ESG-related names in fund names lack clarity and will render the marketing of these funds more difficult. …
23 février 2023
Secteur,Lois et réglementation

Consolidated tape remains a challenge as industry disagrees

A single ticker tape for every stock and bond traded in Europe. That idea is part of  the EU’s long-term ambitions for a Capital Markets Union, a plan being launched in fits and starts. With the endorsement of almost all European stock exchanges, the …
22 février 2023
Lois et réglementation

Artificial intelligence: Esma fears lack of transparency  

While the smokescreens on the greenwashing battlefield have yet to lift, a new headache file has presented itself in financial markets: the impact of artificial intelligence on market participants and regulators. On that front, transparency is “zero”, …
22 février 2023
Investissement

Efama reports Є278 bln in fund outflows for last year, ETFs strong

European Ucits and AIF investment funds experienced net outflows of 278 billion euro last year, the biggest level since the financial crisis of 2008, according to industry statistics compiled by the European Fund and Asset Management Association, Efama. …
21 février 2023
Asset Managers

BNP’s Denis Panel joins Generali’s Sycomore as CEO

Denis Panel has been appointed as the new chief executive officer of Sycomore Asset Management, a unit of Generali Investments, the firm announced on Tuesday. Panel, 52, served until recently as global head of the multi-asset, quantitative & solutions - …
21 février 2023
Administration d’actifs

Apex names Pam Goldminz head of Dallas office

Pamela Goldminz has been named as head of the Dallas officer at financial services provider Apex Group, the firm announced on Tuesday. The appointment follows organic growth and acquisitions in the Texas market, it said. Apex Group, active in Luxembourg …
21 février 2023

Wall Street ‘Einstein’ Tuchman: new investors ‘crazy gangsters’

He is the New York Stock Exchange's most photographed trader, also known as the “Einstein of Wall Street” on Instagram. Speaking to Investment Officer , veteran floor trader Peter Tuchman talks about the game changer in his profession: the new generation …
20 février 2023
Lois et réglementation

French supervisor AMF pushes for major SFDR reform

French financial supervisor AMF is calling for a major reform of the EU’s SFDR rules for sustainable finance disclosures and proposed to remove fossil fuel activities from investment funds that are classified as “dark green” Article 9. Marie-Anne …