Luxembourg

Luxembourg, which hosts more than a quarter of all assets held in European investment funds, has raised a red flag over fresh European Commission plans to create a single supervisor for financial services.

Luxembourg’s Raif market shows resilience in 2024, but Investment Officer’s data analysis shows slowing sub-fund launches, revealing growing caution in alternative fund markets.

Luxembourg’s Prime Minister Luc Frieden has urged European leaders to cut regulatory complexity and mobilize private capital to address the continent’s economic and security challenges, arguing that excessive bureaucracy is stifling investment.

State Street on Tuesday started construction on its new Luxembourg headquarters in the Cloche d’Or district.

Luxembourg’s depositary banking sector is undergoing a structural shift as demand for alternative investment funds (AIFs) continues to rise.

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.

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.

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.

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 exchange-traded fund (ETF) assets could more than double to exceed 4,000 billion dollars by 2029, according to a new projection by PwC.