The best ESG companies are the shrewdest tax avoiders
Publicly listed companies with the highest ESG scores and substantial investments from ESG funds often pay the least in taxes. In many cases, they pay even less than required by law, and according to Professor Gideon Parchomovsky, institutional investors play a role in this.
UK to link market access to sustainability reporting
The UK’s new Overseas Fund Regime (OFR) plans to integrate strict sustainability reporting for foreign investment funds by 2025, enhancing market access while maintaining a competitive investment landscape post-Brexit.
Ireland launches its first three Eltifs under new EU regulations
Ireland has marked a significant milestone by registering its first three European Long-Term Investment Funds (Eltifs) under the revamped European framework, the Dublin-based national financial supervisor has told Investment Officer Luxembourg.
After two years, the IPO market shows signs of life
After a two-year hiatus, the IPO market is showing signs of life, with private equity firms seizing the opportunity to take their portfolio companies public.
In 1959, Luxembourg joined the century-old fund revolution
One hundred years following the establishment of the inaugural open-ended equity fund, modern actively managed mutual funds appear to grapple with an ambiguous future.
Fuchs & Associés fined again, for money laundering, tax fraud
Less than a week before announcing the sale of its asset management services arm, Luxembourg’s troubled investment firm Fuchs & Associés Finance - still in liquidation - was fined €785,000 by the Grand Duchy’s financial supervisor CSSF under laws on the fight against money laundering and terrorist financing.
Lombard, OneLife suffer from fading appetite for life products
Appetite for Luxembourg life insurance products declined significantly last year, according to the annual reports that the two largest unit-linked insurance firms, Lombard International and OneLife, posted this week.
Eltif 2.0: Esma wants its table to be reinstated into RTS
Worried about the protection of European investors, illiquid investments, and financial stability, Esma wants its table to be reinstated into the Eltif standards rulebook, although with some significant modifications.
‘There is a barrier towards investing in our own markets’
As home to investors and companies that prefer the allure of American markets over their domestic counterparts, the European Union has arrived at a crossroads. A window of opportunity has arrived for creating a new framework that supports efficient capital markets, creating growth and jobs and enabling retail investors and pension savers meet their long-term financial needs.
Alternatives continue dynamic growth
Sofia Harrschar, head of alternative investments & structuring at Universal Investment, delves into the shift towards alternative investments among institutional investors.