State Street begins construction of Luxembourg HQ in Cloche d’Or
State Street on Tuesday started construction on its new Luxembourg headquarters in the Cloche d’Or district.
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.
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.
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.
People moves: Neuberger Berman, Davy Select, Fokus Nordic, Eurex, Jonk Entrepreneuren, Akkodis
This week’s overview of transfers and other people moves in and around Luxembourg includes updates from Neuberger Berman, Davy Select, Fokus Nordic, Eurex Clearing, Jonk Entrepreneuren and Akkodis Benelux.
European ETF market set to double to $4,000 bln by 2029, PwC projects
European exchange-traded fund (ETF) assets could more than double to exceed 4,000 billion dollars by 2029, according to a new projection by PwC.
“Highly unlikely that Luxembourg will catch Ireland in the ETF space”
Luxembourg faces strong headwinds in ETFs as Ireland dominates. Cost, scale, and first-mover advantage keep Dublin ahead. Can Luxembourg compete? Mark Browne at Clerkin Lynch Solicitors in Dublin believes it can’t.
Yves Stein underlines need for private banks to innovate
Luxembourg’s private banks need embrace digital innovation to stay competitive, tackle regulation, and attract talent. ABBL Chairman Yves Stein speaks on the future of private banking in the Grand Duchy.
People moves: Baloise, Hauck, Schroders, Capital Group, SocGen
This week’s overview of transfers and other people moves in and around Luxembourg includes updates from Baloise Luxembourg, Hauck & Aufhäuser, Schroders Capital, Capital Group, and Société Générale.