After CSSF scolding, Sarasin says ‘no actual’ laundering
Swiss private bank Banque j. Safra Sarasin, reprimanded by Luxembourg financial regulator CSSF in a public statement last Friday, has stated that the regulator had alleged no “actual money laundering activities”.
Morgan Stanley IM: No Easy Fix
The conundrum faced by central banks continues as they seek to control inflation, at the risk of pushing economies into recession. The Global Balanced Risk Control team discuss the investment implications and tactical allocations to navigate this complex environment.
Swiss VC Serpentine sees ‘gold standard’ in Lux Raifs
For Zurich-based Serpentine Ventures, a venture asset manager, Luxembourg is a key gateway to reaching international investors. The firm is leveraging the grand duchy’s regime for alternative investment funds for four of its venture capital funds that nurture Swiss startups.
PGIM Investments: An Upgraded Outlook For Growth Stocks
Jennison Associates shares how shifting market dynamics are impacting growth stocks and what secular trends offer resilience through continued uncertainty.
ODDO BHF AM: Focus on "quality" stocks
Despite a market recovery starting in summer, investors should brace themselves for more volatility in the months to come. Why not focus on investments with sufficient resilience, i.e. the ability to weather financial market fluctuations with less volatility?
5 reasons why digital infrastructure is among the most exciting investment themes
Data centres, macro towers and fibre connectivity are among resilient growth areas as the digital economies of emerging markets bloom.
Tough days ahead for BEPS 2.0 as Ecofin meets
The OECD’s latest global tax plan is in trouble. Dubbed “BEPS 2.0”, the Inclusive Framework Pillar One and Two proposals – which has the political backing of 137 countries – is facing political difficulties, including within the EU and the US. The “Ecofin” meeting of EU finance ministers on Tuesday in Luxembourg will seek to break the logjam in Europe. How is Luxembourg positioned?
Capital Group | Can U.S. midterm elections move the market? 5 charts to watch
Do midterm elections have any effect on equity markets? To find out, we examined more than 90 years of data and found that the answer is …
Analysis: no end in sight to euro weakness
Panic appears to rule the world’s most liquid financial market, the foreign exchange market. The Bank of England had to announce emergency measures on Wednesday to stop the pound’s dump. Behind the panic is a systemic crisis: a dramatic fall in European currencies against the dollar, an analysis shows.
Not only the pound, but also the euro has been failing against the dollar for more than a year. Falling currencies are eating into investors’ returns and specialists believe that their devaluation against the dollar will not bottom out for the time being.
Nuveen raises €250 mln with energy transition credit Raif
Nuveen Infrastructure’s Glennmont Partners, a major clean energy infrastructure manager, on Thursday said it has raised 250 million euro through its energy transition enhanced credit II strategy, or ETEC II, based on a Luxembourg alternative fund.
The ETEC II fund is one of the new Reserved Alternative Investment Funds, or Raifs, that were officially registered in Luxembourg this month.