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.
Pray and hope is now the ECB strategy
The ECB decision to cut interest rates in June was not only perplexing but also premature, writes ECB-watcher Edin Mujagic.
Luxembourg proposes groundbreaking blockchain law for investment funds
Luxembourg has proposed a groundbreaking law enabling the use of blockchain technology in investment funds, aiming to solidify its position as a global financial leader.
Trump 2.0
Donald Trump still leads in the polls. This has sparked a surge in so-called ‘Trump trades,’ reminiscent of market reactions seen during his previous tenure.
Fund Radar: High-yield bonds remain popular
High-yield bonds remain in demand among investors whose main focus is on absolute returns, this week’s Morningstar Fund Radar shows.
BPCE to acquire Belgian bank Nagelmackers
Nagelmackers, Belgium’s oldest bank, is set to be acquired by La Caisse d’Epargne Hauts de France, a regional bank under the umbrella of the French banking group BPCE.
‘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.
Transfer Thursday: CSSF, Apex, Capital Group
This week’s overview of transfers, appointments, promotions and other career news includes updates from Luxembourg supervisor CSSF, Apex Group and Capital Group.
JD Vance as the new power player
Trump’s pick of James David Vance, better known as J.D. Vance, as vice-presidential candidate markets a firm shift.
Investors turn to steepeners to capitalize on Fed cuts
European institutional investors wishing to capitalize on anticipated rate cuts by the Federal Reserve are turning to curve steepeners.