Goldman Sachs opens Luxembourg branch
Goldman Sachs has registered a new banking entity in Luxembourg this November. The new entity, a branch from Goldman Sachs Bank Europe in Frankfurt, will support the bank’s European business across the private banking, investment, and wealth management space.
The group’s Luxembourg-based entities have grown significantly in recent years, and now include a bank, a fund management company and a number of mutual funds and investment vehicles.
‘Only core office space still has a future’
Many people will continue to work partly from home until after the pandemic is over. This reduces demand for office space. At the same time, however, the function of offices is changing. This means office space will continue to be in demand, and mainly at prime locations, says Richard Gwilliam, head of property research at M&G Real Estate.
Is a residential property bubble building in Luxembourg?
The price of an average house in Luxembourg has now risen well above €1m, making the Grand Duchy Europe’s second-most expensive housing market after Monaco. The regulators have just announced plans to impose tough minimum deposit requirements on new housing loans. Are these signs of speculative exuberance and is there a risk to the banking sector? Should investors be worried?
Schroders: Has the euro's time come to shine?
The stage could be set for a period of strong performance for the euro, thanks in no small part to the EU’s Next Generation policy initiative.
Lombard Odier: 10 investment ideas for 2021
It’s outlook time: asset manager are presenting their investment outlooks for 2021. Lombard Odier’s Chief Investment Officer Stéphane Monier (photo) makes it concrete by listing the institution’s 10 most important investment convictions and ideas for next year. Emerging markets get an important place, but hedging risks remains important too.
UBS AM: Five surprises which reframe the future for investors
2021 holds both opportunities and risks for investors as markets and sectors unevenly rebound. “This has been a recession like no other with winners and losers.
‘EU should launch pandemic bonds to deal with health emergency’
A solution must be found at the European level to deal with the costs of extreme health risks such as a pandemic. This can be done by launching bond-like products that can be sold to institutional investors.
UK plans its own ESG taxonomy
A separate UK ESG investing taxonomy and a couple of foreign-fund access regimes that replicate EU rules are some of the ways the London government is considering using its post-Brexit powers. Meanwhile in Luxembourg, the CSSF is working to reduce complexity for market players regarding the implementation of EU sustainability rules.
Investment Officer has a new look
Investment Officer has received a make-over. Its aim is to provide users with a better overview and better arrangement of articles and sections on the website.