Fewer millionaires in Luxembourg, but the wealthiest get richer
The number of millionaires in Luxembourg fell significantly in 2024, but those at the top of the wealth pyramid continued to grow their fortunes.
Biggest wealth transfer ever set to begin
The next decade will witness the largest wealth transfer in history.
Eltif 2.0 is powering a wholesale private equity transformation
Through various legislative acts over the past 10-15 years, the EU’s push to democratise private markets has transformed how private equity does business, with a heavy helping of technology and fund management tools allowing for what could be a massive influx of smaller-denominated investors. Market participants are feeling their way forward into the new paradigm, some being quite certain that change has now come in the impending form of the new European Long-term Investment Fund.