Investment Officer Luxembourg

Luxembourg’s financial supervisor CSSF is ready to conditionally give its green light for new applications of Eltif 2.0 funds, even as the market still awaits a final adoption of the regulatory and technical standards, known as the RTS, by the European Commission.

As the clock ticks down to the much-anticipated launch of the revamped EU regime for European Long-Term Investment Funds (Eltifs), the private markets world is abuzz with anticipation and a dash of uncertainty.

Geneva-based investment house Edmond de Rothschild has agreed to sell its third-party asset servicing operations based in Luxembourg to Apex Group, a global financial services provider. This move is a part of Edmond de Rothschild’s strategy to narrow its focus on private banking and asset management, divesting from certain non-core business activities. 

Financial terms of the deal have not been disclosed.

While many asset managers continue to explore private investments amidst growing market uncertainties, Optimix Asset Management has consistently avoided them. “Investors don’t need private markets,”  said Jelte de Boer, managing director of Amsterdam-based Optimix, a Dutch subsidiary of Swedish bank Handelsbanken.

Private banks will have to get serious about outsourcing if they want to prosper once interest rates come down, says Pascal Martino, partner at Deloitte and co-author of a new report on tech leadership in private banking.

It is striking how few investors dare to bet their cards on the Magnificent Seven before 2024. All sorts of things are being tipped, but the Magnificent Seven have to suffer.

The hype is over and they could fall apart at any moment. It is either no good or it is no good. For an investor who dares to think contrair, it is an interesting premise.  Here are the top 10 misconceptions surrounding the Magnificent Seven.

Higher interest rates, the pace at which central banks will cut rates, a possible recession and regulations on sustainability and digitalisation. In their expectations for 2024, Investment Officer experts and columnists name these as the key themes. 

In the line-up below, our columnists and knowledge experts tell what challenges they expect within their field for the coming year. Which immediately answers the question about which topics you can expect contributions from them in 2024.

A series of significant lawsuits highlight a core principle of the US economy: political agendas are personal, while investor returns are paramount. 

Outsourcing, kickback fees, alternative investments, ESG challenges and competition with Ireland were among the topics of the most popular columns published on Investment Officer Luxembourg in 2023.