Asset Owner

Luxembourg financial regulator the CSSF has started identifying pilot projects to explore artificial intelligence applications based on a new Luxembourg-based cloud computing platform incorporating Google services. The move is seen in part as a way to cope with a long-standing difficulty in recruiting sufficient qualified staff.

Financial journalists and market experts have a new gimmick: the “Trump trade”. With another four years of the Trump show ahead, we might derive all sorts of investment ideas from the yet-to-be-implemented policies. But I have my doubts about most of these trades—not only whether they will yield good returns, but also whether they even exist in the first place.

Thematic funds have grown significantly in size, number, and prominence globally over the past five years. Despite recent underperformance, these funds seem to maintain a lasting role in investors’ portfolios. Higher costs, greater volatility, and the slim odds of success do not deter investors from chasing popular investment trends.

The war between Russia and Ukraine is prompting European asset managers to reconsider defence stocks, partly at the urging of their clients.

International law firms Herbert Smith Freehills and Simpson Thacher & Bartlett have announced plans to establish offices in Luxembourg, aiming to strengthen their presence in the private capital sector.

BNP Paribas CEO and Efama president Sandro Pierri stresses that fiduciary duty remains central for European asset managers as the sector grapples with structural challenges, capital outflows, and transformative changes.

Gregory Kennedy reflects on Luxembourg’s unique identity, its state-driven economy, reliance on cross-border workers, and finance-dominated private sector. Is Luxembourg a “real” country?

The gap between the US and European stock markets has rarely been so wide. This week, the escalation in Ukraine has driven the markets even further apart. One sector, ironically enough, is bravely holding its ground: defense. For investors looking to invest in this sector, there still seems to be ample opportunity, though many grapple with ethical dilemmas.

The chair of the European Securities and Markets Authority (Esma), Verena Ross, still believes that a ‘basic and simple’ investment product could help convince more European savers to start investing.

The Belgian UCI tax on Luxembourg funds remains a longstanding point of contention between the two countries. However, a recent ruling by the Ghent Court of Appeal has delivered significant legal and tax advantages for Luxembourg Sicavs.