Raymond Frenken

Eurozone finance ministers have put forth a five-year blueprint to forge a robust Capital Markets Union (CMU) in what they see as an “ambitious” move to enhance private capital flow into Europe and underpin Europe’s costly shift to a sustainable and digital economy. 

Investors in European Ucits funds have seen a notable decrease in fees over the past few years. Nonetheless, the largest US mutual funds continue to offer the lowest fees.

In an industry where performance is king, KKR has thrown down the gauntlet, claiming a victory in the long game of investment over the iconic Berkshire Hathaway fund. This bold assertion by the 553 billion dollar private equity behemoth not only challenges the storied legacy of Warren Buffett. It also sparks a fiery debate on the true measures of success in the high-stakes world of private investments.

Ireland on Monday took a step towards challenging Luxembourg’s dominance as hub for European Long-Term Investment Funds, known as Eltifs. Ireland will have three distinct categories of these funds, distinguishing professional investor Eltifs, qualified investor Eltifs, and for retail investor Eltifs.

The European Commission wants to abandon plans for a mandatory, 12-month redemption notice period for the second generation of European Long-Term Investment Funds, Eltifs. Meanwhile, Ireland is getting ready to challenge Luxembourg’s dominance in the European Eltif market.

As its market value surpasses two trillion dollars, investment analysts praise Nvidia’s vision and operational prowess. The meteoric rise of Nvidia, the AI hardware manufacturer dubbed on Wall Street as ‘the most important stock in the world’, does have elements of surprise.

Amidst heightened regulatory scrutiny, Luxembourg’s private investment fund landscape experiences a transformative shift in valuation paradigms, a panel discussion on Wednesday made clear.

Brussels has opted to abandon the proposed establishment of a ‘European passport’ for depositary banks. While initially touted as an innovative concept, the idea was fraught with potential market challenges and risked undermining the work of supervisors. The alternative approach that has emerged now is being hailed as a success by Luxembourg banking association ABBL. 

Luxembourg’s financial regulator CSSF has updated its guidance for the crypto investment landscape, clarifying that only ‘well-informed investors’ within alternative investment funds can tread into the virtual asset territory.

Luxembourg’s lawmakers are making strides in proposals aimed at alleviating the tax burden on actively managed Exchange Traded Funds (ETFs), aligning their fiscal treatment with that of standard passive ETFs, a senior industry voice made clear on Tuesday.