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Esma’s new look reflects sustainability, innovation

The European Union’s top supervisory authority for financial markets has started the new year with a new visual identity and logo that underlines its drive for efficient and resilient markets, the role of sustainability and innovation in its mission, and that should make the organisation“more accessible” to the public.

Apex to hire 500 fund services experts in Johannesburg

Apex Group plans to hire more than 500 new fund services experts in Johannesburg this year in order to better service its growing global client base. Asked if this hiring plan was related to the much-discussed industry challenge of attracting new staff in Luxembourg, an Apex spokesperson said South Africa was seen as an “onshore” hiring opportunity following the acquisitions of Sanne and Maitland in 2022.

Luxembourg confident it can weather any turmoil in 2023

Geopolitical uncertainty, rising interest rates, more stringent sustainability requirements, modernisation of the regulatory environment, democratisation of private equity, and pressure on costs and margins are expected to shape the next twelve months in the grand duchy’s financial system. Camille Thommes, Nicolas Mackel, Jerry Grbic, Stephane Pesch, Nicoletta Centofanti and others told IO what they expect in the new year.

‘Rogue Russia’, ‘Maximum Xi’ are top geopolitics risks

Individual autocrats in Russia and China as well as at a number of top global technology firms pose a severe risk to geopolitical and economic stability in our world this year, the Eurasia Group says in its report on top risks for 2023. This global context will lead to volatility in emerging markets this year.