Lagarde unintentionally reveals a glimpse behind the ECB-scene
Naturally, the interest rate decision and everything surrounding it took centre stage earlier this month when the European Central Bank (ECB) board met in Frankfurt. And of course, questions during the press conference focused on what we can expect in the coming quarters. Like many others, I was tuned in, eager for insights.
Fine for Vistra over valuation errors heralds new regime in Luxembourg
Luxembourg’s financial regulator has issued a relatively small fine for a class of transgression with huge implications for the industry: valuations of funds, in particular for unlisted alternative investments.
RBC BlueBay - Here comes the boom
BlueBay Chief Investment Officer, Mark Dowding presents his week weekly macro commentary
NAV errors: Tighter control, clearer guidance seek to improve fund valuations
Luxembourg’s financial watchdog, the CSSF, has made important changes to its rules for valuations of investment funds, the first in two decades. While many things stay the same, some key updates—like lowering limits for money market funds and adding new checks before making investment decisions—are aimed at tightening control and providing clearer guidance.
China, a copy of the United States
Many investors mistakenly conclude that China and the United States are completely different due to their distinct financial (and societal) systems. However, nothing could be further from the truth. Both nations’ faltering economic engines are kept running by the same remedy: debt.
PGIM Investments: Growth investing through a slowdown
Mark Baribeau, Head of Global Equity at Jennison Associates, favours secular growth names with strong fundamentals to weather a slowing economy.
Buildings that go green
Research suggests that pursuing the most sustainable renovation strategy for an office is not only better for the environment, but could offer the best returns on invested capital.
Capitalising on strong trends
Infrastructure has become a crucial building block in many investors’ portfolios, and Storebrand is no exception. Globally, the asset class has grown by 18% annually since 2010, yet the need for new infrastructure investments remains substantial.
Quintet lifts UBP team to target 100,000 Finnish millionaires
Quintet Private Bank announced on Thursday the launch of its Luxembourg-based Finnish desk by building a new team that crossed over from competitor Union Bancaire Privée.
Morgan Stanley banker Albuquerque faces scrutiny as EU finance chief
Former Portuguese finance minister and Morgan Stanley banker Maria Luís Albuquerque, known for her austerity-heavy tenure during the eurozone crisis, is now the European Commission’s nominee for the influential role of Commissioner for Financial Services. Her appointment has already ignited controversy.