Luxembourg proposes groundbreaking blockchain law for investment funds
Luxembourg has proposed a groundbreaking law enabling the use of blockchain technology in investment funds, aiming to solidify its position as a global financial leader.
‘The people who created the Sicar were like startup entrepreneurs’
The celebration of the 20th anniversary of the Sicar structure, Luxembourg’s first private markets fund vehicle, has underlined the need for further reforms in Luxembourg and its globally envied fund management sector.
UK wealth fund sparks interest among infra investors
The U.K.’s first female Chancellor, Rachel Reeves, has announced a new plan to boost private sector financing in the British economy. Infrastructure investors are encouraged.
Nomad millionaires are on the move again
Nomadic millionaires increasingly relocate in response to structural changes in the global economy. It means the UK and the Netherlands will millionaires move to other parts of the world by 2028, according to a report by UBS. Luxembourg, meanwhile, remains the country with the biggest number of millionaires per capita, says the Swiss bank.
App makes PE investing as easy as ordering pizza
Moonfare is offering a golden ticket for the masses with its new app, making private equity investing as simple as ordering a pizza.
Thematic investing ‘moved up the sophistication ladder’
Institutional investors are increasingly shifting thematic investing into their core asset allocation as they see a fit with long-term asset-liability management strategies, according to Karen Kharmandarian, chief investment officer Thematics Asset Management.
BlackRock sees Eltif2 wrapper as vehicle of choice
Six months after the rollout of Eltif 2.0, the BlackRock private markets team believes this updated wrapper has the potential to become the vehicle of choice for private market investment.
Luxembourg banks struggling with compliance, AML
Luxembourg’s banking sector, once heralded for its stability and strong governance, is now grappling with substantial hurdles in adhering to anti-money laundering (AML) regulations, a new consultancy report reveals.
CSSF confirms Amundi’s Nvidia holdings within legal limits
Luxembourg financial regulator CSSF has confirmed that the 34.49 percent holding in Nvidia by an Amundi fund does not constitute a breach of the 2010 law on undertakings for collective investment, which caps Ucits investments in most individual stocks at 10 percent.
Beleggingsfondsen trimmen Nvidia-posities door spectaculaire winsten
Fondsen met allocaties aan Nvidia, de Amerikaanse producent van kunstmatige intelligentiechips, zaten aan hun concentratielimieten voordat het aandeel tijdens recente handelssessies wat van zijn spectaculaire winsten begon in te leveren.