Family offices invest in AI growth but hesitate to adopt
The world’s wealthiest families are pouring billions into artificial intelligence as an investment theme. But when it comes to using the technology themselves, most are still watching from the sidelines.
Fewer millionaires in Luxembourg, but the wealthiest get richer
The number of millionaires in Luxembourg fell significantly in 2024, but those at the top of the wealth pyramid continued to grow their fortunes.
Former Belgian PM Leterme questions NATO’s 5% defense push
Just two weeks ahead of the NATO summit in The Hague, former Belgian Prime Minister Yves Leterme has sharply criticized the alliance’s proposed five-percent-of-GDP defense target, calling it a “collective irrationality” that risks overwhelming European decision-making.
Edmond de Rothschild convicted of money laundering, fined €25 mln
In a landmark judgment with international resonance, a Luxembourg district court has, for the first time, convicted a domestic bank of money laundering, ordering the confiscation of 25 million euro from Edmond de Rothschild (Europe) S.A. for its role in the cross-border misappropriation of funds from Malaysia’s 1MDB sovereign wealth fund.
Rothschild & Co picks Luxembourg as wealth management hub
Rothschild & Co has opened a new wealth management office in Luxembourg under its Rothschild Martin Maurel brand.
Bigger isn’t always better in asset management
Morningstar finds asset managers growing organically deliver better outcomes than those pursuing mergers. Scale alone rarely benefits investors or fund performance.
Berlin’s reform agenda on shaky ground after failed chancellor vote
Friedrich Merz’s failure to secure a Bundestag majority has shaken Berlin’s political establishment and cast serious doubt over the ambitious economic reform agenda promised by Germany’s new coalition government.
As banking grows more complex, ABBL pleads for structural reform
With mounting pressure on housing, cybersecurity, and talent retention in an increasingly complex banking landscape, Luxembourg’s bankers are calling for a policy reset.
Trump wants Powell out. The supreme court might offer a way
President Donald Trump believes Jerome Powell is standing in his way. He has repeatedly threatened to fire him, but there is no clear legal path to make that happen. Last week, however, the Supreme Court left the door slightly ajar.
Investment Officer Luxembourg starts weekly newsletter in French
Investment Officer Luxembourg is introducing l’Hebdo IO Luxembourg — a dedicated weekly newsletter in French.