Short the villain! ESG short-selling is unexplored territory
For those looking to make an impact investment without the pain of market corrections, the solution can be simple: Buy the best-in-class, short the villains, and keep the portfolio neutral.
Earlier this month, the European Securities and Markets Authority, Esma, warned of further corrections in the stock market. Esma chair Verena Ross said the resilience of the financial system was being tested by “fragile liquidity”. The warning proved justified.
Strong inflows for water funds reflect growing interest
Investment themes come and go, but investing in water has stood the test of time. Water can be central to many of the sustainability challenges facing the world. Investors seem to increasingly recognise this in recent years, creating a strong inflow of new investor money.
Schroders Capital launches it's first ELTIF on Private Equity
Schroders Capital further extends access to private assets with the launch of its first ELTIF.
Report: Macquarie plans takeover bid for M&G
Australian financial giant Macquarie is considering a bid worth more than 5 billion pounds (5.6 billion euro) for UK-headquartered fund manager and insurer M&G, which runs its non-UK European business from Luxembourg.
Private impact investing remains largely a British party
Interest in renewables is playing into the hands of alternative investment funds. Listed closed-end impact funds continue to invest in new energy projects, and investor inflows are following suit. Yet for now it is mainly British investors who recognise the benefits.
Lack of qualified staff leads to higher cybersecurity risk
The announcement that some 500 Microsoft Exchange servers “need immediate attention”, issued by Luxembourg’s cybersecurity agencies last week, has been echoed by financial regulator the CSSF. A noted international cybersecurity expert linked this to the difficulty in finding top cybersecurity talents in Luxembourg. “The struggle that people in Luxembourg have, certainly clients that we’re talking to, that want to work with us, but don’t yet, is that they can’t find the skill sets,” said George Ralph (photo) of Richard Fleishmann and Associates.
Schroders’ first Eltif assigned Article 8 status under SFDR
Schroders Capital on Wednesday said it has launched its first European Long-Term Investment Fund, or Eltif. The fund is called the Schroders Capital Private Equity Eltif 2023 and is classified as a ‘green’ Article 8 under the EU Sustainable Finance Disclosure Regulation.
Schroders Capital Private Equity Eltif 2023 will focus on lower and mid-market private equity buyout and growth investments primarily in Europe but with the flexibility to allocate to non-European companies with high operating exposure to Europe, the firm said.
Carmignac: Our Fund Managers awarded for excellence
Carmignac: Our Fund Managers awarded for excellence
Deloitte’s Guionnet joins PwC Luxembourg as partner
PwC Luxembourg has named Baptiste Guionnet as partner. Guionnet will support CEOs, CFOs and other C-level executives on all financial, performance and transformation matters of the finance function.
Until recently he served as partner at Deloitte Luxembourg where he worked for more than six years in the CFO advisory practice. Before joining Deloitte, he worked at Societe Generale and Natixis.