‘Gold remains an insurance policy against chaos’
Gold prices have been struggling since the beginning of the year, quoting below $1,700 per ounce, definitely indicating a downward trend. On Wednesday, the Federal Reserve raised rates by 75 basis points in another move to a range of 3 to 3.25 percent.
Probably the best and worst year ever for bonds
This will probably be the worst but also the best year for bonds ever. Rising interest rates and credit spreads are causing hefty price losses. Inflation is a bond investor’s worst enemy and it is skyrocketing. The fact that interest rates and credit spreads are rising fast is good for bond investors in the long run. Panic and volatility always create opportunities.
Luxembourg, awaiting FATF visit, is under AML spotlight
A crucial test awaits Luxembourg’s financial centre in just a couple of months. The Financial Action Task Force (FATF) – the global anti money-laundering and combatting terrorism financing (AML/CFT) watchdog – plans to visit in November for an in-depth audit. How is the Grand Duchy placed?
Capital Group | Rising yields put bond markets back on a road to normal
Rising inflation and slowing global growth are two dominant themes casting a pall over the current market environment. A period of global stagflation could potentially be on the horizon.
Surfing the economic cycle: Carmignac's fixed income fund range
Surfing the economic cycle: Carmignac’s fixed income fund range
Even in ESG era, profitability and risk remain top factors
A solid return on investment and an acceptable level of risk remain the top factors for investors to consider when picking their investments, according to a new sustainable finance survey conducted among a representative section of the general public in Luxembourg.
Respect for human rights and the reputation of companies invested in are not seen as a leading factors for investors, said the survey, conducted among 1,100 people in April and May of this year.
AXA IM: Zero Emissions Day: Where investors can help bridge the gap
The annual call for a one-day moratorium on the combustion of fossil fuels – Zero Emissions Day – falls on 21 September this year.
Unregulated Luxembourg funds shows biggest growth
Unregulated investment funds in Luxembourg, in particular Reserved Alternative Investment Funds known Raifs, showed the biggest increase the Grand Duchy’s fund industry last year. According to the latest Monterey Insight report, the value of these funds increased 71.4 percent last year to some 330.8 billion euro.
Other unregulated funds, such as LuxLPs and Soparfi’s, reached a value of 470 billion at the end of 2021. That is an increase of 61.5 percent in assets.
‘Complex sustainable finance requires education effort’
The fund management industry can counter reputation risks posed by the increasingly complex regulatory requirements for sustainable investments with a bigger effort to boost investor education, a top executive at the Association of Luxembourg’s Fund Industry, Alfi, said on Tuesday.
Amundi sees opportunity if Italy spread hits 300 bp
Top market experts at Europe’s biggest fund manager, Amundi, do not believe that the upcoming elections in Italy will trigger much volatility in Italian bond markets, although a spike could present a buying opportunity. Italy’s parliamentary elections are scheduled for the end of this week, Sunday 25 September.