Secteur

Verena Ross, the chair of the European Securities and Markets Authority, Esma, has laid out a robust European framework for improving financial markets, boosting trust and transparency. But in a speech in Germany on Monday, she also identified the industry’s sluggish response to digitalisation and “greenwashing” as barriers to progress.

HERAN Partners veut que les données imprègnent notre système de santé. C’est pourquoi elle investit à l’intersection de la technologie numérique et des sciences de la vie. Ils investissent dans les premières phases des start-ups, les tours d’amorçage et de série A. Dans ces phases, ils veulent faire la différence en aidant à la commercialisation, aux acquisitions et à l’extension de la technologie.

Avec ses ETF obligataires à liquidation automatique, qui paient les investisseurs à une date d’échéance spécifique, BlackRock introduit une innovation produit américaine en Europe. Aux États-Unis, où ces ETF sont disponibles sur le marché depuis plusieurs décennies, les conseillers en investissement et les gestionnaires de patrimoine sont les principaux acheteurs.

In the world of finance, the marvels of artificial intelligence are being celebrated, but there’s a growing focus on the potential downsides. The risk of fraudulent behavior and manipulation in financial markets is looming large, and cybersecurity experts warn that today’s hackers may enhance their abilities through AI. This advancement is happening while numerous organizations are neglecting basic cybersecurity measures.

Monex Europe S.A., a Luxembourg-based specialist in commercial foreign exchange, announced the appointment of Percy Golergant as executive director for Luxembourg. He will work alongside Carlo Biondi, who has held the role of executive director since March 2021.

Golergant and Biondi will co-direct the Luxembourg office’s operations. This includes streamlining its IT solutions, enhancing risk management services, and driving sales in the market.

« Nous souhaitons accroître la diversité de genres dans le secteur financier. Plutôt que de miser sur l’old boys network, nous construisons un new girls network », déclare Linda Hentzepeter, partnership manager chez Female x Finance.

Le groupe Indosuez Wealth Management a signé un accord en vue d’acquérir une participation majoritaire dans Degroof Petercam. L’actionnariat de la plus grande banque privée de Belgique avait déjà connu plusieurs remaniements au cours des derniers mois. 

A positive performance in global financial markets stemmed net capital outflows in Luxembourg during the month of June, leaving the grand duchy’s investment funds with a net positive balance of 35.191 billion euro at the end of the month, according to data from financial supervisor CSSF.

The increase represents the balance of negative net capital investments - or outflows - of 15.302 billion euro and of the positive development of financial markets amounting to 50.493 billion euro.

Investment managers are shifting fund investments towards Exchange Traded Funds (ETFs) at the expense of traditional mutual funds. The shifts are clearly visible both in Ireland and Luxembourg, Europe’s two leading hubs for ETFs, according to insights from LSEG Lipper. BlackRock was the biggest-selling fund promoter in the first half, accounting for more than half of all European ETF inflows.

It was June 2014, and I was flying back from Lisbon for an exciting interview at J.P. Morgan Bank Luxembourg. Landing this job would validate that getting a master’s degree was worth it. I was thrilled about being part of our fund industry.

There could be no delays in my travel plans. I was scheduled to land at 13:15, and the interview was set for 14:00. Fortunately, a friend picked me up, giving me enough time to put on my suit and share my excitement about interviewing for a leading bank.