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Date
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12 juillet 2022
Opinion

The end of the euro is nigh

For the first time since 2002, the euro trades at parity with the dollar. In the summer of 2008, one euro was worth as much as 1.6 dollars. But with the eurozone on the front line in the war in Ukraine and the ECB simultaneously cautious about raising …
12 juillet 2022
Produits,Administration d’actifs

South Africa’s Foord targets Australia via Luxembourg

Foord Asset Management, a firm with South African roots and a Luxembourg presence since 2013, is expanding its global reach by offering long-term investors in Australia a new feeder fund for its Foord Global Equity Fund registered in the Grand Duchy. The …
12 juillet 2022
Technologie

Podcast: A sceptic guides Luxembourg’s fintech promoter

Nasir Zubairi of the Luxembourg House of Financial Technology has some very particular views on some of the newer varieties. About blockchain: “I’m not a technologist, but it seems a little hazy to me as a technology in that it’s a technology looking for …
11 juillet 2022
Lois et réglementation

Five Luxembourg officials named as Esma committee members

Five representatives of the financial services sector in Luxembourg have been named as members of working groups and specialist advisory committees of the European Securities and Markets Authority, or Esma. The new composition of the committees was made …
11 juillet 2022

EY names Longares TMT leader, Denis as COO

EY Luxembourg on Friday said it has named Fernando Longares as its new leader for the Telecommunications, Media and Technology (TMT) sector, Longares will succeed Gaël Denis, who will become chief operating officer at the firm.  Longares joined EY in 2006 …
11 juillet 2022
Investissement,Opinion

Chart of the week: don’t be blindsided by recession

The ISM Manufacturing Index, also known as the purchasing managers' index, fell more than expected in June. The index dropped to 53 where a reading of 54.5 was expected. This was not really a surprise, as the regional sentiment indicators had already …
11 juillet 2022
Lois et réglementation

New EU rules place ESG data on par with financial data

A new EU law from 2025 will require companies in Europe to accept a future in which their reporting data on sustainability and their ESG impact will be just as important as data on their financial performance. Non-EU companies also will be subject to …
8 juillet 2022
Répartition des actifs

'The real risks are not yet incorporated in tech stocks'

This year is a tough one for tech stocks. Even companies like Dutch-based ASML, Europe’s leading high-tech company and the world's main supplier of machines for the semiconductor industry, have seen their share prices fall by more than 45 percent this …
8 juillet 2022
Produits

Top 5 global equities: Gavekal Global leads

Growing concerns and increasing recession fears set the tone for an erratic second quarter in which global equities went on sale. The S&P 500 index experienced its worst half year in 50 years, down 20 percent in US dollar terms; global inflation is at a …
8 juillet 2022
Asset Managers,Répartition des actifs

European investors most concerned over greenwashing

Nearly two-thirds of investors in Europe are concerned about greenwashing, even though EU regulation has been in place for more than a year, a new survey released on Thursday showed. More than half of all European investors remain very concerned about the …