IO Talks: Clearwater Analytics’ Thomas van Cauwelaert on the acquisition of JUMP
This Luxembourg edition of IO Talks hears about the latest acquisition by Clearwater Analytics of JUMP.
Corporate tax for funds: ‘like building a plane while flying’
Alfi’s European asset management conference on Tuesday caught up on the global debate about corporate taxation, something that will also affect large Luxembourg investment funds. At the heart of the complex discussion: BEPS Pillar Two and Transfer Pricing.
“Some see it like building a plane while flying,” said Keith O’Donnell, managing partner at Atoz Tax Advisors. “Really big challenge. No tax authority has issued forms yet to allow firms to comply. It is very much a work in progress.”
Appeal of digital raises doubts on implementation
The first day of the 2023 ALFI European Asset Management Conference heard from the head of the European Securities and Markets Authority, Verena Ross, and included panels on the impact of blockchain and digital assets, as well as corporate taxation.
Esma chief tells funds to consider interest rate risks
The head of the European Securities and Markets Authority, which oversees and coordinates the work of European supervisors in asset management, on Tuesday called on the industry to pay more attention to the management of increasing interest rate risks and to step up its efforts in terms of “prudent management” of the investment funds.
AXA IM: Don’t miss the second window of opportunity in fixed income
Investors who missed the boat on bonds at the start of the year have been offered a second chance to capture higher yields by more recent market movements
Let the Good Times Roll! But for How Long?
After yields rose dramatically in December, bond markets made a U-turn and fell dramatically in January. Markets do not simply change direction this abruptly without a reason, and in this case, there were many.. The Fixed Income Team explains.
Investment professionals face critics over inducements
As the European Union considers banning inducements (aka kickbacks) for investment advice as part of its forthcoming retail investment strategy, those who support inducements, like Luxembourg’s ALFI and the worldwide CFA Institute, but also strong critics of inducements, such as the EU’s commissioner for financial services Mairead McGuinness and EU investor and financial service users organisation Better Finance are making their widely divergent views known.
Viral bank runs increase liquidity risks
Apps and online investment services have led to a new type of consumer behaviour. Bank runs go viral, introducing a new type of liquidity risk for banks and investment services. The ECB warns the threat may not be ignored.
Financial sector staff face increased stress - union
Luxembourg’s banks, one of the biggest employers in Luxembourg’s financial sector, are engaging in staff management practices that leave many of their staff dissatisfied, especially in the area of pay, according to a representative of a union representing financial sector employees who contrasted the banks’ record with what she considered a better approach from the insurance industry.
Capital Group | 5 trends driving energy markets in 2023
Is there more fuel in the tank for energy stocks? That’s the question on many investors’ minds as the energy sector solidly outpaced all others over the past two years.