Tag: media

June 27, 2025 By: Robert Van Egghen Europe’s markets watchdog is proposing a clampdown on Ucits funds gaining exposure to a wider range of asset classes, sparking complaints among asset managers that the competitiveness of the EU’s funds industry could be damaged. Luxembourg’s trade body said the plans were “nonsense” and based on an approach…

July 9, 2025 By: Antonine Gara Donald Trump’s “big, beautiful bill” delivers big wins for private equity and fossil fuels, while hurting the renewables industry and some of the hottest companies in Silicon Valley.  The sweeping tax and spending legislation has been broadly embraced by American business thanks to the corporate tax cuts, enacted during…

Talking `Regulatory Renovation’ and Treasury Markets With a D.C. Policy Veteran June 6, 2025 The second Trump administration has already been a whirlwind for the financial industry. While a 180-degree turn on regulatory policy has been welcome news, economic turmoil sparked by the president’s tariffs and spending plans has put Wall Street executives and traders…

Vanguard Backs Tax Wrapper to Boost EU Retail Investment May 29, 2025 The European Commission plans to present a “blueprint” later this year for the development of an investment savings account for consumers, including recommendations to EU member states on how to grant tax advantages to retail investors. The accounts would be part of the…

Should Ordinary US Retirement Accounts Be Investing In Private Assets? May 28, 2025 On the surface, the proposal sounds so attractive: give ordinary Americans the same investment opportunities that billionaires, endowments and sovereign wealth funds already enjoy. Over the last couple of decades, the ranks of public companies have shrunk, while the number of private…

EU Savings Wrapper Gets ‘Lukewarm’ Response From Member States April 16, 2025 Plans by Brussels to encourage the development of tax-free savings accounts for retail investors are getting a “lukewarm” response from national capitals, according to experts. The European Commission last month issued an action plan to develop the savings and investment union project, which…

Wall Street Learns that Scott Bessent Isn’t Steve Mnuchin March 17, 2025 Mar-a-Lago Accords — With Wall Street abuzz at the possibility of “Mar-a-Lago Accords” that would upend trade and currency markets, former Treasury markets room director Michael Pedroni is throwing up a caution flag. The playbook being promoted by Stephen Miran, Trump’s pick to…

EU Push For Simple Savings Product Threatens UCITS Brand January 20, 2025 If EU policymakers agree on one thing, it is that Europeans do not invest enough. EU consumers leaving their savings languishing in bank accounts is blamed for the moribund state of European capital markets and the bloc’s growing wealth gap with the US.…

Managers Warm Up to US Tokenized Private Funds After Overseas Gains January 22, 2025 Proponents of tokenizing alts funds are closely watching the U.S. legislative and regulatory landscape this year for changes that encourage new product development activity, more advanced structures and wider investor adoption. And more alternative fund managers are taking initial steps to…

House, Senate lawmakers call on Fed to fill vice chair for supervision role  More than two dozen lawmakers are urging the Federal Reserve Board to fill quickly the vice chair for supervision position that is now vacant.   … The appointment of a new vice chair for supervision will be done as the White House asserts more…