Luxembourg

Private equity firm Astorg, headquartered in Luxembourg, has announced a change in senior leadership, appointing Benjamin Cordonnier as chief executive officer.

This week’s overview includes updates from Simmons & Simmons, Clifford Chance, Carmignac, Northern Trust, and NBIM.

The latest automatic salary hike in Luxembourg landed on Workers’ Day. Cheers all around, but will rising costs hurt the fund industry?

With mounting pressure on housing, cybersecurity, and talent retention in an increasingly complex banking landscape, Luxembourg’s bankers are calling for a policy reset.

This week’s overview of people transfers and appointments in and around Luxembourg includes updates from Linklaters, M&G Investments, Triodos Investment Management, Flow Traders and Goldman Sachs Asset Management.

Bitcoin’s persistent popularity is reigniting portfolio debates among European wealth managers.

This week’s overview of career moves in and around the Luxembourg financial centre includes hires at Nordea IM, Palana, and Lombard Odier, a promotion at Sofindev, and a new business development lead at Oceanside Financial Services.

The European Long-Term Investment Fund (Eltif) regime is entering a new phase, driven by a surge in local fund launches and rising domestic demand across Europe.

Quintet reports higher profits, but income falls and growth remains unclear. Efficiency gains drive results as key questions go unanswered.

Final clarity at last? Luxembourg ends long-running VAT saga on directors’ fees with new guidance and refund framework in Circular 781-2.