Eltif 2.0 brings new dynamics but does not eliminate all doubts
The relaxed rules around Eltifs, the European vehicles for non-listed investments, are leading to a series of new launches. However, not all market players are equally enthusiastic. Many are still adopting a wait-and-see approach.
Alternative funds drive Luxembourg depositary growth but expose digital gaps
Luxembourg’s depositary banking sector is undergoing a structural shift as demand for alternative investment funds (AIFs) continues to rise.
Bund yield rises further as Berlin struggles with budget deal
The German Bund yield continues to rise as Berlin struggles with Friedrich Merz’s planned budget deal. Investors are closely following the impasse between the CDU/CSU and the Greens.
Chart of the week: short-term pain
In recent weeks, an old-fashioned “self-fulfilling prophecy” appears to be taking shape. To ensure that the Republicans remain in power in two and four years, it is crucial for Trump to give the economy and markets a blow now.
What could go wrong in private markets investments?
Institutional investors remain wary of semi-liquid private funds, a sentiment that was on full display at this year’s Luxembourg Meeting for Private Markets Investments, a German-language private markets conference known as Lumpi.
Emerging markets regain appeal as US equities look overvalued
Emerging markets may finally be ready to retake the spotlight as investors are taking a fresh look at opportunities beyond Wall Street.
Morningstar: AXA versus Columbia Threadneedle in European listed real estate
Beyond the human suffering, the COVID-19 pandemic had far-reaching consequences for numerous sectors, particularly the real estate sector. Some market segments are still searching for a new equilibrium. Unlike the 2007-2008 crisis, attention this time has been less focused on the housing market and more on commercial real estate.
Luxembourg sees an opportunity in European pension reform
With EU citizens holding around 34 trillion euros in savings—one-third of which sits in bank deposits—Luxembourg sees an opportunity in European pension reform.
People moves: Christophe Santer to lead bunch into Luxembourg
This week’s overview of transfers and other people moves in and around Luxembourg includes updates from Berlin-headquartered private markets fintech bunch, Cube Infrastructure Partners, fund administration group Gen II and real estate developer Edge.
Wall Street looses patience with Trump
It was the day Wall Street lost patience with President Donald Trump. Monday’s selloff was swift, messy, and impossible to recover, as investors recoiled from a tech slump, tariff-inspired fears, and fresh jitters over the economy.