In my burnout experience, no fault lay with my employer
Urban Angehrn, the former chief executive of the Swiss financial regulator, FINMA, recently stepped down, citing the toll on his health from “permanent stress levels,” months after orchestrating the rescue of Credit Suisse by UBS. However, it is not only people in high-profile jobs who experience burnout.
A few years ago, a younger version of myself also experienced burnout.
Private debt solutions: tailor-made or one-size-fits-all?
In a rapidly shifting economic landscape, leverage presents a distinct challenge. The private debt market emerges as a beacon of adaptability, with expertise and tailored solutions becoming crucial determinants of success, writes Yvonne Narin, senior manager risk controlling at Universal Investment Luxembourg.
In Flux: Luxembourg asset scene sizzles
Just returned from your sun-soaked holiday? Luxembourg’s asset scene is heating up, and not just due to the weather. Dive into our latest analysis, covering everything from the CSSF’s game-changing valuation order to shifting ETF trends. This column is your essential back-to-work read!
Chart of the week: regime change or oil?
Long-term inflation expectations have risen this year.
Modernising investments: Luxembourg has done it again
The Luxembourg legislator has done it again: with Bill 8183 (the “Bill”), which entered into force on 28 July 2023 after passing the Luxembourg Parliament, the Luxembourg funds toolbox has been carefully modernised, write Pinsent Masons’ Tom Loonen, Lous Vervuurt and Jan Saalfrank in their latest contribution as Investment Officer knowledge partner.
Chart of the week: Is the ECB finally ready?
At the time of writing, markets are still pricing in just under a 60 per cent chance that the ECB will raise interest rates one more time sometime in the coming months. And although Lagarde has only recently turned to wage growth as an argument for further tightening, there are plenty of reasons to at least pause.
Directors’ Office enhances professionalism
In recent years, the regulatory framework for the duties and responsibilities of the board of directors or management board and for the control functions within Luxembourg investment fund managers has evolved significantly. Among others, CSSF Circular 18/698 has tightened the regulatory requirements for the authorisation and organisation of Luxembourg investment fund managers (“IFMs”).
Investing with artificial intelligence
Artificial intelligence is eminently an application for investors. Especially in a complex data-rich environment with a lot of uncertainty, artificial intelligence thrives.
Chart of the week: ‘hopium’ is gone
The ‘intra-day’ turn of the S&P 500 Index following the release of US inflation data is the first evidence that Powell has deprived markets of ‘Fed hopium’.
US headline inflation rose to 3.2 per cent in July from 3.0 per cent. While that was lower than expected, it was nevertheless the first increase in the inflation level since June 2022, which (social) media used to fill headlines.