BlackRock sees Eltif2 wrapper as vehicle of choice
Six months after the rollout of Eltif 2.0, the BlackRock private markets team believes this updated wrapper has the potential to become the vehicle of choice for private market investment.
Wealth starts with an income of at least €365,000
If you want to be considered wealthy in Luxembourg, you’ll need to earn an annual gross income of at least 365,000 euro.
Transfer Thursday: Generali, Uni.lu, LPEA, DLA Piper
This week’s overview of transfers includes updates from LPEA, Generali, the University of Luxembourg, Esma, Euroclear, La Française and DLA Piper.
Becoming Dora compliant still is a challenge
Pinsent Masons sheds its light on the changing legal context for managing, registering and reporting significant cyber threats and serious ICT incidents, as per the EU’s Dora regulation that will take effect in 2025.
The global economy continues to grow at a sluggish pace
In the US, pockets of weakness are emerging here and there, but are not yet spreading systematically. For example, the recent slowdown in consumer spending is primarily affecting low-income households.
With Preqin, BlackRock brings indexing to private markets
BlackRock’s strategic 3.2 billion dollar acquisition of U.K. data firm Preqin opens the door towards indexing private markets and can be seen as a defensive move against the threat of private equity.
Open finance: an ambitious but tortuous journey
New technologies have the potential to support the integration of capital markets, improve the provision of financial services and make them more efficient for the benefit of companies and citizens. Integrating them into existing business models also requires a cultural change among those who use them.
Luxembourg to publish new Eltifs monthly
Luxembourg’s financial regulator CSSF plans to make public an online register of European long-term investment funds (Eltifs) later in in July. The register will be updated every month with new registrations.
‘Passively Paris-aligning a portfolio doesn’t make sense’
Investors seeking to achieve real change through their impact investment will find that the passive approach isn’t as effective as an active one, explained John William Olsen (photo), fund manager of the M&G (Lux) Positive Impact fund and the Global Sustain Paris Aligned Fund.
Inimitable ECB
Data-dependent, that was perhaps the word we heard most often from the president of the European Central Bank (ECB) in recent months.