BLI teams up with Funds For Good to unveil impact funds
BLI - Banque de Luxembourg Investments (BLI) and Funds For Good on Friday unveiled two new joint impact funds; the FFG European Impact Equities and FFG American Impact Equities. Classified as Article 9 under the EU’s Sustainable Financial Disclosure Regulation, the funds build on a decade-old collaborative partnership between the firms.
‘ECB should raise the deposit rate to 4, 5 or even 6 percent’
Eurozone interest rates will rise further in the near future as evidence grows that inflation has become entrenched, leaving the European Central Bank no option but to continue to hike its policy rates. At Ethenea, ECB watchers believe official deposit rates could more than double from current levels.
BLI’s Wagner expects deeper global slowdown in 2023
Although the global economy finds itself in a slowdown phase, it continues to demonstrate resilience thanks to domestic consumption in the US and government relief measures to reduce energy bills in Europe, Guy Wagner, Chief Investment Officer at Luxembourg asset manager BLI - Banque de Luxembourg Investments, said in his latest investment report. Over the next year however, he expects the global slowdown to deepen.