Investment Officer Luxembourg

The EU’s sustainable finance framework is widely recognised as immensely complex. For private equity firms, it’s even more so, especially now that more and more investors demand that their investments are made in funds with sustainable assets. 

For international hackers and data thieves, Luxembourg appears to be attractive as its domestic lack of cooperation undermines its cyber security efforts. “Luxembourg comes onto the radar because some of the systems that we have are vulnerable,” says an expert.

The private loan market is being revalued. Risks are becoming more expensive and coupons are shooting up. Positive for pension funds and insurers that stay put until maturity, but investors in this category also sometimes have distressed moments. 

Luxembourg-based Cube Infrastructure Managers has agreed to acquire Firstcolo Datacenters GmbH, a Frankfurt-based data centre business providing colocation, dedicated servers, managed services and private cloud solutions, for an undisclosed amount.

Firstcolo owns two-state-of-the-art “Tier III+” data centres in Frankfurt (photo), both of which are powered by green electricity. 

Luxembourg’s bank clients remained conservative in 2021, keeping nearly all - or 80 percent - of their assets in savings, even when interest rates are low, a survey conducted jointly by the Luxembourg bank association ABBL and financial regulator CSSF shows.

This survey showed a significant increase in deposits and in the number of loans granted. It also confirmed underlying trends such as the increasing use of online services. The figures for employment and the number of customers remain stable. 

To preserve financial stability , EU supervisory agencies for energy markets and for financial markets on Tuesday said they will intensify their cooperation and improve their exchange of information, seeking to avoid potential market abuse in Europe’s energy and derivatives markets.

ESG isn’t a project. It isn’t about appointing a team who can bolt sustainability on to an asset management operation. To win the trust of investors, staff, regulators, civil society, the press, ESG must be embedded in strategy, the LuxFLAG Sustainable Investment Week 2022 was told on Monday.

Plans by Paris-based Caceis to take over RBC Investor Services’ European business are raising redundancy fears among the firm’s 900 or so Luxembourg-based staff members in Belval.