Administration d’actifs

Long the dominant force in Europe’s cross-border fund industry, Luxembourg is now pivoting towards alternative investments as the asset management landscape shifts.

Luxembourg’s bold new tax incentives slash employment income taxation by 50 percent for newcomers as of this year. The new tax incentive aims to secure top global talent for its financial sector.

The Luxembourg government on Monday unveiled its 2030 roadmap for developing the financial sector, placing financial innovation at the centre of its ambitions to remain a leading global financial hub. Climbing the international financial-sector value chain, beyond ‘fund services’ and creating more front-office jobs, now has been defined as an official government ambition.

While strides have been made in governance practices, significant disparities remain across regions and fund types, shows a fund governance survey conducted by PwC Luxembourg and the Luxembourg Institute of Directors, ILA.

This week’s overview of transfers and appointments in and around Luxembourg includes updates from UI Luxembourg, Waystone, Schroders and Moonfare.

Luxembourg’s financial watchdogs are stepping up their scrutiny of terrorist financing amid concerns that the Grand Duchy’s status as an international financial hub makes it vulnerable to abuse by illicit actors.

VanEck, the US-based pioneer of exchange-traded funds (ETFs), has recently launched VanEck Direct, a new app that enables the company to sell investment products directly to retail investors—bypassing banks and brokers.

Pour Sandro Pierri, CEO de BNP Paribas Asset Management et président de l’EFAMA, l’association européenne de gestion d’actifs, les sociétés de fonds européennes sont confrontées à un quadruple défi : la fragmentation des marchés, la fuite des capitaux vers les États-Unis, les changements démographiques et une transformation radicale du secteur.

Disruptive technology is shaping nearly every aspect of the global asset management industry, from growth and competition to innovation and acquisitions, according to PWC›s Asset and Wealth Management Survey 2024.

Luxembourg’s financial regulator CSSF has delivered a sharp warning to the country’s Investment Fund Managers (IFMs) regarding weaknesses in oversight practices when delegating portfolio management. The CSSF’s latest review highlights specific shortcomings, particularly in conflict of interest management and contingency planning, that could expose IFMs to regulatory risk and potential operational failures.