Investment Officer Luxembourg

Nearly 1,200 billion euros in assets is tied up in newly launched funds that need at least 100 million euros to break even, according to research by the data consultancy Broadridge. Almost six in ten Luxembourg-domiciled funds have less than 100 million euros in assets. 

The market for green bonds is growing fast, but not quite fast enough, according to Sean Kidney (photo), CEO of the Climate Bonds Initiative. Our sister platform Fondsnieuws spoke with him following the State Street Global Advisors Climate Change Seminar. According to Kidney, institutional investors need to take more initiative to encourage governments to facilitate more green investment opportunities. ‘The

The ESG revolution results in a new suite of products that combine passive and active characteristics. Traditionally purely passive products are being tailored to meet specific ESG demands, for example on carbon emissions.

Four French asset managers have joined forces to develop an innovative tool that measures the impact of investments on global biodiversity. The fund houses - Axa Investment Management, BNP Paribas Asset Management, Sycomore AM and Mirova - think there is a growing interest in quantitative indicators.

The upcoming external audit of Luxembourg’s anti money-laundering (AML) stance is a major test for the country, its financial sector and the regulators. While the CSSF continues to maintain a low public profile, it has ramped up its work behind the scenes to respond to new demands by the Financial Action Task Force (FATF), an intergovernmental body set up to fight money laundering. The regulator is encouraging the industry to adopt best practices.

Luxembourg wants to be the leading global centre in sustainable finance by 2025. It also wants to keep increasing the number of foreign banks and asset managers active in the country and strengthen its role as a wealth management hub by attracting more family offices.