Reimagining Risk and Return: Luxembourg 2025
MSCI experts and fellow institutional investors met in Luxembourg for a morning of strategic insights on investment risk, peer exchange and networking.
This event explored how the investment landscape is shifting—driven by macroeconomic uncertainty, evolving regulation, and the rising influence of private markets, liquidity challenges, and sustainability goals. Expert-led sessions showcased how MSCI’s next-generation platform supports extensive risk oversight with integrated analytics and models spanning public and private assets, including climate and scenario-based insights.
Whether focused on asset allocation, risk management, or regulatory alignment, this event was an opportunity to connect with peers and gain practical insights for the year ahead.
Agenda
8:30 a.m. ・ Registration and Breakfast
9:00 a.m. ・ Welcome Remarks
9:10 a.m. ・ Macro Environment and Investment Themes in 2025
Global power shifts, disrupted supply chains, and a turbulent macro environment are reshaping markets. We’ll put today’s risks in historical context, explore trends in public and private markets, assess sustainability’s impact, and consider how investors can manage emerging risks in a rapidly evolving global order.
9:50 a.m.・ Inside MSCI: Building the Infrastructure of Modern Investing
Investors today need timely, integrated insights across diverse data sets to respond to growing portfolio complexity. This session will demonstrate how they can achieve that through MSCI’s cloud-native platform—built within the MSCI ONE ecosystem and powered by Snowflake—which enables seamless access to analytics spanning portfolio risk, private assets, climate and sustainability, and index data.
10:30 a.m.・ Coffee Break
10:45 a.m. ・ Shedding Light on Private Markets: Data-Driven Risk Management
Private assets are booming—driven in part by regulatory tailwinds such as the revised European Long-Term Investment Funds (ELTIF 2.0) regulation, with Luxembourg at the forefront. Yet data gaps and valuation uncertainty continue to pose real challenges. This session will show how MSCI supports investors with robust private asset datasets and advanced risk analytics to enhance transparency, enable stress testing, and improve comparability across this growing segment.
11:30 a.m.・ Liquidity Management Tools in Action: Navigating Regulation and Calibration in 2025
2025 marks a regulatory turning point for UCITS and AIFs with new mandatory Liquidity Management Tools (LMTs) guidelines from ESMA and IOSCO. This session will guide you through these developments and show how MSCI LiquidityMetrics can help you move from compliance to actionable calibration—supporting swing pricing and anti-dilution strategies using real-time market data.
12:00 p.m.・ Implement Climate Stress Testing and Scenario Analysis with MSCI Portfolio Sustainability Insight
The latest CSSF expectations, rooted in its 2023 thematic review and 2024 CSA participation, treat stress testing of sustainability risk as a central element of risk governance for fund managers. Although not yet formalised in a standalone circular, the implementation of sustainability risk stress testing is strongly encouraged by CSSF.
This session will showcase how the MSCI Portfolio Sustainability Insight platform can help to translate regulatory' s expectations around sustainability risk into effective risk management practices, with a focus on stress and scenario testing of climate risk.
12:30 p.m. ・ Networking Event and Close