Investment Officer Luxembourg

Digital investment channels are no longer just the domain of the young or tech-savvy, but are increasingly being embraced by a broader demographic of retail investors. These insights come from a comprehensive survey commissioned by Amundi, Europe’s largest asset manager.

The European Commission expects to provide more clarity on the proposed supervisory standards for Eltifs, Europe’s new long-term investment funds, in the coming weeks, an EU official said on Tuesday.

In response to questions by Investment Officer, the official confirmed the Commission is currently considering the draft regulatory and technical standards under the updated regime for Eltif funds. The standards, known as ‘RTS’, were proposed a month ago by the European Securities and Markets Authority, Esma.

Fixed income portfolios are likely to face a more complex and volatile environment, as the rate cycle’s turning point varies across different central banks. Market consensus suggests that while easing may begin, it will not be as rapid or deep as previously anticipated, leading to greater dispersion of returns across sovereign bond markets.

The ongoing war between Russia and Ukraine has accelerated the exodus of industries from Europe, a trend that began long before the conflict.

Republicans in the US state of New Hampshire have introduced a bill that makes the consideration of ESG criteria by sovereign wealth funds a crime. Under the proposal, this offence could be punishable by imprisonment for not less than one year and not more than 20 years.

The trade association representing Europe’s fund and asset management sector has urged the executive body of the European Union to ensure that the correct technical standards are introduced. These standards are regarded as vital for the success of the new regime for European Long Term Investment Funds, known as Eltif 2.0.