The 55 million euro high security, high value storage facility formerly known as the Luxembourg Freeport – now known officially as the High Security Hub (HSH) – was back in the headlines recently as auditor BDO Audit drew attention to what it termed …

From 2 August 2022, a European Commission regulation comes into force (Commission Delegated Regulation 2021/1253 of 12 April 2021) that requires providers of investment advisor and discretionary portfolio management services to collect specific …

The US Federal Reserve announced an expected 75 basis point interest rate hike on Wednesday evening. Inflation pain will now have to be carefully weighed against the threat of an economic recession. Equity markets reacted positively to the announced …

Luxembourg-based steelmaker ArcelorMittal, the world’s second-largest, on Thursday posted higher-than-expected earnings thanks to rising prices but warned that it sees risks in inflation, the ongoing war in Ukraine and the effects of the Covid-19 pandemic …

A recent study conducted by Boston-based State Street has found evidence of “green shorting”, a phenomenon in financial markets where investors borrow shares of companies with a weak sustainability profile and sell them in the hope they can buy them back …

The risk of recession and persistent inflation resulted in a correction of almost all risky assets. Also high yield bonds ended the first half of the year with heavy losses. An update: Interest rate hikes in developed markets caused most bond categories …

And then things moved fast. Business confidence fell to worrying levels in July, making a recession, especially in Europe, seem inevitable. The S&P Global Flash Composite (Manufacturing + Services) PMI for Germany fell to 48.0. Well below the “magic” …

With a recession looming in Europe, investors again are on the lookout for suitable safe havens. Ethenea’s investment strategist Andrea Siviero, who co-manages the firm’s 60 million euro "Hesper Fund - Global Solutions", believes the Swiss franc and the …

Global asset managers are concerned that the European Union’s regime for corporate sustainability reporting does not fully match their needs and that it could risk making Europe less attractive for international investors as the rules remain to be aligned …

Swing pricing “has become common market practice” in the Luxembourg fund sector to manage liquidity at times of volatility in the market, according to a recent industry survey by the Association of Luxembourg Fund Industry, or Alfi. Swing pricing is a …

Auditor says former Freeport has questionable future

MiFID II client sustainability preference rule comes into effect

Markets welcome 75 bp rate hike by Federal Reserve

ArcelorMittal sees risks in growth, inflation and China

‘Green shorting’ emerges as new phenomenon in State Street study

Top 5 Global High Yield bond funds: UBS in the lead

Chart of the week: Rough and tumbling business confidence

Ethenea’s Siviero sees Swiss franc, yen as safe havens

‘New EU sustainability reporting regime needs global alignment’

Swing pricing now ‘common practice’ in Luxembourg