Fidelity - Bonds are back in town
It is 14 years since the Fed and other central banks ushered in an era of ultra-low interest rates and bond yields in response to the Global Financial Crisis.
Cube Infrastructure invests €50 mln in Italian fiber
An investment fund owned by Luxembourg-based Cube Infrastructure Managers has recently announced a first-phase investment of 50 million euros into a wholesale fiber-to-the-home/ fiber-to-the-office project in southern Italy.
When completed, this network will bring fiber broadband to 130,000 locations within two years, reaching over 20 municipalities and a number of business parks in rural and semi-rural areas. It will create new job opportunities in the region.
German court paves the road for more debt in Europe
German judges handed down an important verdict this week: EU treaties are no obstacle to shared debt in the union. The ruling comes shortly after the European Commission called for new joint injections into the economy. “As an investor I would carefully reconsider my bond portfolio,” one critic warns.
On Tuesday, the German constitutional court in Karlsruhe ruled that “exceptional” EU loans to overcome problems caused by the Covid-19 pandemic do not violate European treaties.
Valuation professionals move center stage
Morningstar Top 5: US government bond funds
European investors this year found safety in short-term US debt and the dollar. This week’s Top 5 by Morningstar takes a look at the performance of US government bond funds in the year to date.
2023 Outlook: seizing opportunities amidst a wall of worries
2023 Outlook: seizing opportunities amidst a wall of worries
Vanguard exits net zero alliance, bows to Republicans
Vanguard, the world’s second-largest investment fund manager after BlackRock, is finding itself in a political tug of war in the US that now has led to its decision to withdraw a top international alliance of asset managers that seeks to promote sustainable, net zero investments, the Net Zero Asset Management initiative, also known as NZAM.
Capital Group | Outlook 2023 : Emerging Markets Debt, a source of yield ?
The global macroeconomic backdrop has been the main driver of emerging market (EM) debt returns in 2022 and this looks set to continue in 2023.
Fintechs seek bigger role in sustainable investing
Fintech firms see a role for themselves in assisting and enabling the Luxembourg financial centre’s strong move towards sustainable investing, but call for collaboration and support from the financial industry and the Luxembourg government to make this work.
CSSF to survey money laundering risks
Luxembourg’s financial supervisor CSSF on Wednesday said its annual online survey relating to the fight against money laundering and terrorism financing will start on 15 February next year.
The survey aims to collect standardised key information concerning money laundering and terrorism financing - “ML/TF” - risks to which firms under CSSF supervision are exposed and about the implementation of measures to mitigate these risks.