LTPA association aims for transfer pricing excellence
The Luxembourg Transfer Pricing Association brings together 22 specialists dedicated to addressing the evolving complexities of transfer pricing. President Vanessa Ramos Ferrín spoke to Investment Officer.
Luxembourg labyrinth: Daisy Mae’s quest to launch a fund
Daisy Mae faces a complex journey launching a railway investment fund in Luxembourg amidst regulatory challenges and tight deadlines.
Luxembourg centre-stage as State Street finetunes its European ops
With the recent appointment of Luxembourg branch manager Riccardo Lamanna to an executive role at State Street Bank International, the Boston-based financial services firm now is refining its European operations from Luxembourg.
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.
‘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.
State Street puts Lamanna in charge of depositary banking
Riccardo Lamanna has been appointed by State Street Corporation as head of products for State Street Bank International. He will retain his responsibilities as country head Luxembourg.
Efama: Vigilance needed as funds thrive on non-EU investors
How non-EU investors drive growth in European funds and why vigilance remains crucial in the European investment landscape.
MFS Luxembourg eyes active ETF market expansion
MFS CEO Mike Roberge and Luxembourg head Michael Derwael see actively managed funds - ETFs and mutual funds - as benefitting from a return to higher interest rates, which would take away market share from passive investments and private markets.
Private bank Hauck Aufhäuser goes Dutch in €672 mln deal
Dutch bank ABN Amro on Tuesday said it agreed to pay 672 million euro for German private bank Hauck Aufhäuser Lampe, also known as HAL, from debt-laden Chinese investment company Fosun International. HAL’s asset services activities in Luxembourg and Ireland are excluded from the transaction.
Tough ride ahead for Euro funds under new US T+1 settlement rule
From Tuesday, US trades of stocks, bonds and ETFs will need to be settled within a single day, not two, presenting significant challenges to European funds dealing in US securities.