Finance

After a decade of growth, the number of millionaires worldwide has fallen by 3.3%. Photo: Shutterstock
WEALTH MANAGEMENT

Fewer millionaires in Luxembourg in 2022

Cap Gemini has counted 45,800 millionaires in Luxembourg, 0.7% fewer than in 2021, and their wealth has shrunk by 1.6%. All their counterparts, with the exception of Africans, Middle Easterners and South Americans, have experienced this reversal of fortune to varying degrees.

Marc Fassone • 02.06.2023
Esma and national competent authorities are actively taking action in coordinating supervision in line with the Union Strategy Supervisory Priority on ‘ESG disclosures.’ Photo: Shutterstock
INSTITUTIONS

EU supervisory authorities issue warning on greenwashing risks

Kangkan Halder • 02.06.2023
Luxembourg’s GDP has continued its oscillating pattern between growth and contraction over the past five quarters, with the latest quarter being the strongest among them. Photo: Kangkan Halder / Maison Moderne
ECONOMY

Luxembourg GDP bounces to 2% in Q1, wages boosted by 4%

Kangkan Halder • 02.06.2023
On Thursday 1 June, the central bank of Luxembourg celebrates its 25th anniversary. Archive photo: Christophe Lemaire / Maison Moderne
INSTITUTIONS

Marking 25 years of the Central Bank of Luxembourg: 10 things to know

Léna Fernandes • 01.06.2023
The EU lacks harmonisation in the taxation of income from securities, leading to the possibility of double taxation for cross-border investment income, according to a paper published by Better Finance and DSW. Photo: Shutterstock
FINANCE & LEGAL

Double taxation persists on securities income amid EU tax harmonisation gap: survey

Kangkan Halder • 01.06.2023
The State Street global investor confidence index, which was released on 31 May 2023, has increased 6.3 points to reach 89.8. Photo: Shutterstock
MARKETS

Investor confidence up globally but down in Europe, says State Street

Lydia Linna • 31.05.2023
The 2023 financial stability outlook for the euro area remains fragile amidst weak macro-financial conditions and unexpected banking sector stress in mature economies, the European Central Bank has said. Photo: European Central Bank
INSTITUTIONS

Euro area financial stability outlook remains “vulnerable”

Kangkan Halder • 31.05.2023
“While opportunities and challenges vary greatly from region to region and asset class to asset class, the key message remains the same: rethink the status quo and view your operations and licence to exist through an ESG lens,” said Olivier Carré, financial services market leader at PwC Luxembourg. Photo: PwC Luxembourg
FUNDS

Private markets landscape “on the verge of a substantial ESG-led transformation”

Lydia Linna • 31.05.2023
Miranda Seath (left) is Efama taskforce chair and director of market insight and fund sectors at the Investment Association; Thomas Tilley (right) is senior economist at Efama. Photos: European Fund and Asset Management Association. Montage: Maison Moderne
FUNDS

A fund classification system “by fund managers, for fund managers”

Lydia Linna • 30.05.2023
Only 9% of plastic waste is currently recycled according to OECD data Photo: Mike Zenari
FUNDS

Climate goals in jeopardy if we don’t address plastics, expert says

Yusuf Yassin • 30.05.2023
Top
  1. 1
    Culture
    Bringing Ukraine’s “rich and unique” culture to Luxembourg
  2. 2
    Funds
    A fund classification system “by fund managers, for fund managers”
  3. 3
    Institutions
    Euro area financial stability outlook remains “vulnerable”
  4. 4
    Institutions
    Five ways Luxembourg discriminates against EU workers
  5. 5
    Funds
    Venture capital may be natural hedge against economic changes: EIF manager

In Pictures

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Bertrand Jaboulay , Partner, Management Company Leader, PwC Luxembourg. Olivier TOUSSAINT
BRAND VOICE - MARKETS

ManCos in Luxembourg : growing strong in uncertain times

PwC Luxembourg • 30.05.2023
Uli Grabenwarter, head of venture capital at the European Investment Fund, spoke about the EIF’s venture capital plans at a roundtable earlier this month. Library photo: Association of the Luxembourg Fund Industry
FUNDS

Venture capital may be natural hedge against economic changes: EIF manager

Sylvain Barrette • 30.05.2023
Over 120 people attended the 2023 Climate Finance Forum, organised by the International Climate Finance Accelerator Luxembourg on 26 May. Photo: Matic Zorman / Maison Moderne
FUNDS

Tackling pressing climate issues through finance at ICFA forum

Yusuf Yassin • 26.05.2023
The former managing director of Paul Wurth has joined the board of directors of ING Luxembourg. Photo: Matic Zorman/Maison Moderne/archives
BANKS

Georges Rassel joins ING as independent director

Mathilde Obert • 26.05.2023
Delano attended the “Regulatory Insight: Will upcoming regulations help or hinder the evolution of the market?” panel at the Cross-Border Distribution Conference at the European Convention Center in Kirchberg on 25 May 2023. Photo: Romain Gamba/Maison Moderne
MARKETS

Regulations, 5-year strategic plan, greenwashing and retail investors

Sylvain Barrette • 26.05.2023
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