Investment Officer Luxembourg

Private markets, in particular those for digital infrastructure investments, continue to appeal to European institutional investors, according to a global survey among 480 institutional investors presented on Tuesday by State Street. The survey also shows that European investors are a bit more reluctant than others to invest in private equity.

Luxembourg’s financial supervisor CSSF has said it will start collecting information from firms on their anti money laundering and terrorism financing setups from next Wednesday, 15 February, through its annual industry-wide survey. 

The European Commission plans to stick to its plan to stop inducements for financial advisors, a proposal it recognises as “divisive” but one that is needed to build trust among investing consumers. “I think it’s good to grasp this nettle and to make change for the better,” said EU Commissioner Mairead McGuinness.

Trading shares during the day that a company releases its earnings reports by going long on ones with positive news and short on the ones with negative news can generate a daily return of 1.3 percent.

That is the bold conclusion of a study conducted jointly by the Amundi Institute and the Toulouse School of Economics. Using artificial intelligence software from Causality Link and a long-short portfolio, the researchers were able to confirm that news signals influence short-term price movements.

Jersey-based management company Crestbridge has appointed Anthony Yabut as director of tax in its New Jersey office, as part of its ongoing strategy to expand and enhance its client proposition in the US market.

Luxembourg stock exchange listed private equity firm Luxempart on Monday said it entered into an investment agreement that will give it a stake of approximately 26 percent in Kestrel Vision for about 110 million euros.

Global financial markets are entering a riskier phase where some corporate earnings could disappoint while opportunities remain in China, emerging markets and investment grade bonds, Europe’s biggest asset manager Amundi said.

In their February note to investors, Amundi’s group chief investment officer Vincent Mortier and deputy group CIO Matteo Germano spoke of a subdued earnings and economic backdrop that calls for a cautious, well-diversified approach. 

Communication technology continues its rapid development, but it’s inevitably affected by the world that it serves, so it must contend with concerns about sustainability and the impact of the economic situation, as well as the legal context. The emergence of ChatGPT as a new form of artificial intelligence might promise much, but it may misuse others’ content, Deloitte argues in its outlook for Telecoms, Media and Technology, or TMT.