SEC orders monthly portfolio disclosures for US funds
The Securities and Exchange Commission (SEC) has introduced new regulations requiring fund managers to disclose their investment holdings on a monthly basis, replacing the current quarterly reporting schedule.
Index funds: Bridging the gap between performance and returns
Index rules and procedures can create a significant divergence between overall market performance and the returns that investors in index funds actually receive.
Transfer Thursday: EBRD, Degroof, Solidum, Lighthouse
This week’s overview includes updates from the EBRD, Degroof Petercam, Solidum and Lighthouse Canton.
Transfer Thursday: State Street Corporation, Janus Henderson, CCF, Waystone
This week’s overview of transfers, appointments, promotions and other career news includes updates from State Street
Transfer Thursday: ING Luxembourg, Vitis Life, DWS, Abrdn
This week’s overview of transfers, appointments, promotions and other career news includes updates from Vitis Life, ING Luxembourg, DWS, and Abrdn.
Market carnage: Global stocks plummet amid recession fears
Stock markets worldwide were under pressure on Monday, with the Japanese stock market’s price loss particularly notable. Analysts say many factors are at play. ‘There is no reason to panic, but it is also not a time to buy.’
BNP Paribas wants to acquire AXA IM for €5.1 bln
BNP Paribas Group announced on Thursday that it has entered into exclusive negotiations to acquire AXA Investment Managers (AXA IM) from AXA.
Transfer Thursday: Scope, EuroCTP, i-Hub, LOD
This week’s overview of transfers, appointments, promotions and other career news includes updates from Scope, EuroCTP, i-Hub and LOD.
Luxembourg eases creation of Eltifs from existing private funds
Creating European Long-Term Investment Funds (Eltifs) as sub-funds under existing alternative investment funds has become a bit easier in Luxembourg. Firms no longer need to fill out a separate CSSF approval form for a new sub-fund when adding an Eltif-class to an existing fund.
Interest boost helps Luxembourg banks navigate challenges
The 2024 Luxembourg Banking Insights study by KPMG Luxembourg has revealed a remarkable surge in net interest income, driven primarily by the European Central Bank’s interest rate hikes.