Investment Officer Luxembourg

Emerging market debt investors believe that the overvaluation of the US dollar is at relatively extreme levels, while growth in emerging markets is higher than in more developed markets.

Sebastiaan Hooghiemstra at Loyens & Loeff reviews the opinion tabled by the EU’s supervisory agencies on SFDR as a possible labelling regime, and finds that the question on whether “Article 8” and “Article 9” products should be abolished, is not yet off the table.

This week’s overview of transfers, appointments, promotions and other career news includes updates from the Amundi Institute, Partners Group, the Green Growth Fund, Citibank, and KPMG Luxembourg.

Luxembourg has decided to establish a special anti-money laundering (AML) unit within its tax administration following parliamentary approval. The head of financial supervisor CSSF, meanwhile, expressed his concern over the use of ‘outdated systems’ at the AML teams of asset and wealth management firms.

Investment advisors in both the US and Europe have been expressing a desire to increase allocations to alternatives, but the average allocation has remained modest, according to gatekeeper surveys by Cerulli and PGIM.

In the years when a new US president is elected, there is often a summer rally. Typically, July is the month when the media pays more attention to the election.

A new report by Finance Watch, a Brussels-based public interest group, has highlighted an impending investment crisis in the European Union. A