A tool designed to detect market manipulation and insider dealing has been launched following the European Securities and Market Authority (Esma) announcement last week that it would be increasing surveillance of hedge funds and other short sellers trying to take advantage of the coronavirus-caused market rout.
Our expert panel discusses the growth of private equity in Luxembourg, the impact of technology on the funds industry and the EU’s Anti-Tax Avoidance Directive.
Alfi’s recently-appointed chairperson, Corinne Lamesch, tells Mark Latham how the move to sustainable investing, new business opportunities and Brexit are shaping the Luxembourg fund industry.
Luxembourg’s alternatives business is flourishing. But for reasons beyond the Grand Duchy’s control, European investors may not be benefiting from the broader global growth in these assets, says Nick Fitzpatrick.
Luxembourg for Finance (LFF), the public-private agency responsible for promoting Luxembourg as a financial centre, has released its five-year vision for the Grand Duchy’s financial development. Bob Currie talks to chief executive Nicolas Mackel about its content and objectives.
Luxembourg’s digital assets market is growing but regulatory clarity is needed for it to get to the next stage, finds Nicholas Pratt.
As Spiderman famously said: “With great power comes great responsibility.” For third-party management company (‘ManCo’) providers who assume responsibility for fund compliance, oversight and risk management functions, the same is true.
For some time now it’s been common to see Cayman and Luxembourg teams regularly working alongside each other on fund deals, but there’s no doubt this is increasingly becoming a feature of cross-border structures.
Brussels is expected to postpone implementation of the Central Securities Depository Regulation. But the delay will be short and concerns about the detail remain. Bob Currie reports.
Investors around the world increasingly use regulated funds to help meet their financial goals, with assets in Ucits funds growing 46% in the past five years.
