ZEDRA buys Interconsult as part of European build out

Trust, corporate services and fund services specialist ZEDRA has acquired Interconsult, Luxembourg International Consulting in Luxembourg for an undisclosed sum and expanding ZEDRA’s network to 11 jurisdictions. Interconsult was established in 1992

Luxembourg sharpened tax rules for intra-group financing

Luxembourg has sharpened its corporate tax rules since 1st of January. These will make it more difficult for large corporations to avoid tax by channelling funds through the small European country, a

Funds Partnership appoints it’s new Associate Director from Morgan McKinley

Yumnam Sanajaoba has joined Funds Partnership in a regional leadership role covering Asset Management, Fund Services, Securities Services and Corporate & Trust Services in Asia Pacific. He will be based out of

Luxembourg says wants to partner, not rival London after Brexit

Luxembourg will not seek to lure away British financial firms anxious about keeping a foot in the European Union after Brexit, the Grand Duchy’s government said on Monday, saying it aimed instead

Reserved Alternative Investment Fund (RAIF) Law Passed In Luxembourg

The RAIF law has entered the Luxembourg legal and regulatory environment, with short time-to-market and no requirement for Luxembourg regulatory approval or supervision. The Luxembourg funds industry can now offer, on short

Intertrust : acquires Elian Group

Intertrust N.V. announces it has signed an agreement to acquire Elian Group from Elian’s management and funds managed by Electra Partners LLP. Elian is a high growth, regional Trust & Corporate Services

‘Nasty Brexit divorce’ would damage UK fund industry

Many of the world’s largest asset managers have severely underestimated the potential fallout of a UK exit from the EU, according to a number of leading analysts and regulatory experts. Prime Minister

Money manager Jupiter’s higher costs overshadow profit beat

Britain’s Jupiter Fund Management beat full-year profit forecasts on Monday, buoyed by inflows into its equity funds, only to see its shares drop after it flagged an impending rise in operational costs.

Luxembourg remains vital hub for investments in France, including for the French real estate investment sector

An upcoming amendment to the double tax treaty between France and Luxembourg has caused some concern in part of the French asset management industry, but Luxembourg will retain its place as an

Fitch Affirms Lombard Odier’s All Roads’ Fund Quality Rating at ‘Strong’

The fund is managed by Lombard Odier Investment Managers (LOIM). KEY RATING DRIVERS The affirmation primarily reflects the discipline of the fund’s systematic multi-asset risk-based investment approach, supported by solid research studies

Funds Partnership