Raymond Frenken

While digitalisation offers efficiency and scalability, it cannot replace the trust and personalisation that high-net-worth clients expect from their private banks and wealth managers. Investment Officer’s Raymond Frenken reports from The Banking Scene event in Luxembourg.

Norway’s sovereign wealth fund, the world’s largest asset manager, has become embroiled in an escalating conflict between CEO Nicolai Tangen and Elon Musk, after recently released text messages revealed a heated exchange over Tesla’s $50 billion pay package.

While strides have been made in governance practices, significant disparities remain across regions and fund types, shows a fund governance survey conducted by PwC Luxembourg and the Luxembourg Institute of Directors, ILA. Especially Alternative Investment Funds have yet to make big steps in governance, it shows.

Paris-based BPCE and Milan-headquartered Generali are joining forces in a 1,900 billion euro asset management venture, set to dominate Europe’s market by revenue.

As Europe braces for Trump’s return, Bill Campbell at Doubleline warns of a ‘Terrible Trifecta’ of political, economic, and external pressures disrupting global order in 2025

As Europe’s watchdogs tighten scrutiny on Article 8 funds, managers must now defend their classifications or risk being challenged across EU markets.

The European Union is preparing its next wave of financial sector reforms, and 2025 could mark a turning point.

Luxembourg’s financial watchdogs are stepping up their scrutiny of terrorist financing amid concerns that the Grand Duchy’s status as an international financial hub makes it vulnerable to abuse by illicit actors.

Luxembourg’s financial supervisor, the CSSF, is charting new territory with its ambitious adoption of sovereign cloud infrastructure and artificial intelligence.