Sustainable funds represent a rapidly growing segment of investment solutions in Europe, according to the first annual European Sustainable Investment Funds Study by Morningstar and zeb, powered by the Association of the Luxembourg Fund Industry (ALFI). The study found that net assets in sustainable fund products have more than doubled since 2018, attracting 52% of all net new flows and reflecting 11% of total net assets domiciled in Europe at the end of 2020.
Analyzing the European Central Bank Financial Vehicle Corporations statistic reported each quarter, it turns out that Luxembourg is one of the most favorable countries for domiciliation of securitization vehicles within the Euro Area with its main competitor being Ireland. Other markets in the Euro Area are more domestic markets without attracting international players too much. Hence, we focus our comparison to Ireland, Luxembourg’s most relevant competitive market.
Les banques centrales mineures montrent actuellement à quoi pourrait ressembler une sortie de la politique monétaire accommodante sans que cela n’entraîne automatiquement l’effondrement des marchés financiers.
The Luxembourg Stock Exchange (LuxSE) now counts DZ BANK, Germany’s second largest bank, among its trading members. While DZ BANK has been an active issuer on LuxSE for a number of years and currently lists 37 securities on the exchange, the two institutions are now expanding their cooperation to new areas. As a trading member of LuxSE, DZ BANK will provide liquidity for the securities it has listed on LuxSE, and thereby facilitate trading. The German bank has also expressed its intention to increase its listing activity on LuxSE, especially for USD-denominated certificates.
In the presence of Luxembourg Minister of Finance Pierre Gramegna (second from right), the Luxembourg Stock Exchange (LuxSE) and the European Investment Bank (EIB) celebrate together the exchange’s achievement of 1000 bonds on the Luxembourg Green Exchange (LGX). EIB’s recent 10-year USD 1.5 billion Global Climate Awareness Bond is the 1,000 th bond on the leading platform for securities with focus on sustainability, and the latest addition to the more than 50 green and sustainability bonds issued by EIB and currently displayed on LGX.
On April 28th in a virtual Ring the Bell ceremony attended by Thailand’s Minister of Finance Arkom Termpittayapaisith and with a message from Luxembourg’s Minister of Finance Pierre Gramegna, the Luxembourg Stock Exchange (LuxSE) welcomed the Kingdom of Thailand as a new issuer at the exchange, and celebrated the listing of Thailand’s pioneering sustainability bond. The sustainability bond, which is worth THB 50 billion (approximately EUR 1.3 billion), is displayed on the Luxembourg Green Exchange (LGX), the world’s leading platform for sustainable securities.
The Luxembourg Stock Exchange (LuxSE), its wholly owned subsidiary Fundsquare and Brazilian financial technology company Quantum have entered into an agreement, which will provide investors and key market players in Latin America with access to a broader scope of financial data.
After 9 years at the helm of the Luxembourg Stock Exchange (LuxSE), Robert Scharfe has reached the end of his mandate as CEO. On his last day in office, Robert Scharfe presented LuxSE’s financial results for the financial year 2020 and the exchange’s annual Sustainability Report, before handing over the reins to Julie Becker, LuxSE’s new CEO as of 21 April 2021.
Following the official announcement of the winners of Environmental Finance’s Bond Awards 2021 earlier today, the Luxembourg Stock Exchange (LuxSE) is proud to announce that it has been awarded the prize of Exchange of the Year for the fifth consecutive year.
The Luxembourg Stock Exchange (LuxSE) celebrated the first-ever virtual edition of its popular, annual event Stock Exchange Day on Tuesday 23 March. Organised every year since 1983 — with the exception of 2020 due to the COVID-19 pandemic — the event has become a yearly highlight for the capital market industry in Luxembourg and beyond.