China’s sudden electric car boom stirs strategic concerns
China’s rapid emergence as a market leader in electric vehicles (EVs) has sparked significant concerns throughout the European Union. Are the expansions of Chinese automakers into Europe a modern-day Trojan horse?
Investors seek shelter abroad amid French election chaos
The spread on French government bonds has peaked again, showing that financial markets are on edge ahead of Sunday’s elections. Until they conclude later in July, many investors are favouring other European government bonds. “Any reminder of the European debt crisis is a red flag for international investors,” one analyst remarked.
Quintet says Europe improving faster than US
Despite the rightward tilt of the recent European parliamentary elections, Quintet Private Bank’s chief investment officer is talking up what seems like unexpected good news for Europe.
Transfer Thursday: Caia, DLA, CMS, PwC, EY, Esma, Fundcraft
This week’s overview of transfers, appointments, promotions and other career news includes updates from PwC Luxembourg, EY Luxembourg, the European Securities and Markets Authority (ESMA), the European Stability Mechanism. DLA Piper, CMS. Fundcraft and CAIA Luxembourg
CSSF confirms Amundi’s Nvidia holdings within legal limits
Luxembourg financial regulator CSSF has confirmed that the 34.49 percent holding in Nvidia by an Amundi fund does not constitute a breach of the 2010 law on undertakings for collective investment, which caps Ucits investments in most individual stocks at 10 percent.
New guidelines for naming ESG funds: challenges for fund managers
Esma’s new guidelnies on using ESG or sustainability related terms in fund names may have massive implications for fund managers, writes Sebatiaan Hooghiemstra.
Nvidia mania: Luxembourg fund tops global exposure chart
Fund portfolios with allocations to the U.S. producer of next-generation artificial intelligence chips were at their concentration limits before the stock on Monday gave up some more of its spectacular recent gains.
Van Lanschot Kempen eyes bigger market share in Belgium
Amsterdam-based investment firm Van Lanschot Kempen is keen to expand its market share in Belgium.
European family offices eye bargains in tumbling US real estate
European family offices are taking advantage of falling US real estate prices, seeking opportunities in prime office spaces and “trophy assets” despite market instability.
Tax breaks seen as essential for Eltif success in European markets
European ambitions to boost capital flow through increased retail investment, exemplified by the European Long-Term Investment Fund (Eltif), hinge on tax incentives to encourage widespread savings, essential for success.