CSSF flags 2025 upgrade of valuation practices in Luxembourg
In a move to strengthen valuation practices across the investment fund industry, Luxembourg’s financial supervisor CSSF on Wednesday unveiled a glimpse of plans to revise its valuation guidelines for investment fund managers. The update is due in 2025.
JP Morgan, State Street dominate Luxembourg fund industry
JP Morgan and State Street have reinforced their dominance in Luxembourg’s fund industry, according to the latest Monterey Insights Luxembourg Fund Report 2024.
Cellar Investment Partners launches new wine fund via Luxembourg
Cellar Investment Partners is introducing a new investment fund that focuses on the wine market. The fund was registered in Luxembourg last month.
BlackRock sees Eltif2 wrapper as vehicle of choice
Six months after the rollout of Eltif 2.0, the BlackRock private markets team believes this updated wrapper has the potential to become the vehicle of choice for private market investment.
Real estate funds vulnerable to liquidity risks, Esma says
European investment funds in real estate and alternative assets are vulnerable and could face liquidity risks in the event of a sudden investor sell-off, according to a senior official at Europe’s main financial markets supervisor, the European Securities and Markets Authority, or Esma. “It is one of the tricky issues here,” he said.