News by tag: Luxembourg


The success of RAIFs, Casa4funds explains its next goals

The new developments in the pipeline for Casa4Funds

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Northern Trust closes the deal, buys UBS Fund Servicing Units

Northern Trust, an asset manager established in Chicago in 1889, has closed its acquisition of UBS Asset Management's fund administration servicing units in Luxembourg and Switzerland, further underpinning its growth strategy for Continental Europe. The acquisition positions Northern Trust as a leading administrator by assets in Switzerland and a top 10 asset servicing provider in Luxembourg. Northern Trust welcomes more than 200 new employees and establishes a new European office in Basel, Switzerland, as a result of the acquisition.

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Private Bank Edmond de Rothschild fined by Luxembourg watchdogs

The Luxembourg Financial Sector Supervisory Commission (CSSF) have fined the local arm of Swiss private bank Edmond de Rothschild for its handling of funds linked to scandal-hit Malaysian investment fund 1MDB, a source familiar with the matter said on Thursday. The CSSF communicated the conclusion of the administrative procedure to Edmond de Rothschild (Europe) on 21 June," the private bank said on Thursday. 

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Bankers looking on Luxembourg for hubs post-Brexit

Little Luxembourg is luring firms on the lookout for a post-Brexit foothold in the European Union, from JPMorgan Chase & Co. to insurance giant American International Group Inc. Bloomberg News reports that while many find the Grand Duchy a multilingual paradise, would-be expats are being warned not to expect the cosmopolitan lifestyle they currently enjoy in London and that they should prepare to spend long hours on clogged roads.

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Luxembourg-Ireland, the fight for the new EBA house

Luxembourg has 'thrown its hat in the ring' to become the new home of the European Banking Authority (EBA) after Brexit and says it has a "legal claim" to host it. Citing a European Union law dating back to 1965, Luxembourg Prime Minister Xavier Bettel made his case in a letter to EU Council President Donald Tusk and European Commission head Jean-Claude Juncker, following the triggering of Article 50. In the past, two exceptions to the decision have been made with the ECB going to Frankfurt and the EBA going to London.

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Semptember 2015
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    The Lead Quantitative & Asset Management Event in Europe

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    Das Swiss Funds & Asset Management Forum ist die national führende Konferenz der Fonds- und Asset M

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    Seize the opportunity to get up to date on the topics of secondary buyouts, the real estate bubble,

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    The aim of this forum is to offer an additional incentive for pension fund representatives to visit

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    The aim of this forum is to offer an additional incentive for pension fund representatives to visit

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