Transfers: Luxflag, Baker McKenzie, EFG, EuroCTP
This week’s overview of people transfers and appointments includes updates from Luxflag, Baker McKenzie, EFG Bank, and EuroCTP.
Dora sparks ICT shakeout as firms cut non-compliant providers
More than a quarter of financial institutions across Europe plan to terminate at least one ICT service provider this year due to non-compliance with the Digital Operational Resilience Act (Dora), according to a new survey by PwC Luxembourg.
Big is beautiful: large funds take over the European Ucits market
A quiet power shift is underway in the European fund industry. Investors are increasingly gravitating towards larger Ucits vehicles, favouring scale, simplicity and cost-efficiency over specialisation and boutique appeal.
Transfers: Micaela Forelli named Efama vice-president
This week’s overview of appointments and people transfers includes updates from European fund and asset management association Efama, EY Luxembourg, LuxReal, and Sygnum Bank.
Markets confront new uncertainty after U.S. strike on Iran
Geopolitical risk returns as markets weigh Iran escalation, energy disruption and central bank caution following U.S. attacks on nuclear sites.
Transfers: Schroders, AllianzGI, Amundi, IBS, Partners, Alfi, LPEA
This week’s overview of people transfers and appointments includes updates from Schroders, Amundi, IBS Capital Allies, Partners Group, and Luxembourg industry associations Alfi and LPEA.
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.
Transfers: Hugo Bänziger appointed chair of Quintet board
This week’s overview of people transfers and appointments in and around Luxembourg includes updates from Quintet Private Bank, Banque Raiffeisen and PWC Luxembourg.
Transfers: Capitalatwork, Apex, EY, Partners Group, Northern Trust
This week’s overview of people transfers and appointments in and around Luxembourg includes updates from Capitalatwork, Apex Group, EY Luxembourg, Partners Group, and Northern Trust.
Mid-sized ManCos drive Luxembourg’s alternatives surge
The number of licensed management companies in Luxembourg has held steady at 298. But this surface stability masks a quiet transformation in the Grand Duchy’s asset services industry.