Luxembourg, upgrading funds law, seeks pole in Eltifs
The 60-seat Luxembourg parliament has finalised its adoption of a major upgrade of five investment laws, making its popular international framework for investment funds even more attractive for new types of funds coming into the market, in particular Eltifs. The industry has widely welcomed the changes, with one ManCo CEO describing them as “an evolution rather than a revolution.”
PGIM Investments: Liquid Alts Help Offset Uncertainty and Diversification Challenges
PGIM Wadhwani’s Dr. Sushil Wadhwani, CBE, discusses why agile global macro strategies could deliver attractive portfolio diversification as recession risks rise.
IO Talks: Luxembourg’s finance ambassador Nicolas Mackel
Nicolas Mackel, the CEO of the Luxembourg for Finance development agency Luxembourg for Finance and considered as the de facto ambassador of Luxembourg’s financial sector, speaks to Investment Officer’s Raymond Frenken in this IO Talks podcast.
Accelex seeks to overcome private equity data obfuscation
Globally active Accelex has set up in Luxembourg to sell its next-generation software as a service solution aimed exclusively at private markets because of the country’s leadership in private assets. The UK-headquartered company sees itself playing a key role in the maturation of the private assets market, including through the increased availability of such funds to retail investor clientele.
Plans to manage mass fund redemptions draw pushback
Global financial regulators and industry insiders clashed over the implementation of liquidity management tools (LMTs) to mitigate the impact of mass redemptions in open-ended investment funds at a meeting in Dublin on Wednesday.
Schroders : How AI is set to accelerate demand for data centres
Schroders : How AI is set to accelerate demand for data centres
PGIM Investments: Dynamic Trends Ignite Optimism for Growth Stocks
Jennison Associates Head of Global Equities Mark Baribeau, CFA, identifies innovative secular growth themes that may offer investors tremendous opportunities as economic growth slows.
Luxembourg turbocharges its financial hub with tax exemptions
Luxembourg’s parliament, with 55 votes in favour and only two against, has embraced a highly anticipated law that revamps its legislative arsenal for investment funds. Several fund categories, including European Long Term Investment Funds (Eltifs) and money market funds, are to be exempted from the registration tax imposed on Luxembourg-domiciled funds.