Eight out of the ten largest global open-ended asset managers have a presence in Luxembourg;
In 2015 Luxembourg UCITS attracted 72% of the flows within the major markets.
Denise Voss, Chairman of ALFI, said: “ALFI works hard to promote the Luxembourg UCITS brand globally and these figures show that this work has paid off. There is clear confidence in the UCITS brand globally based on Luxembourg’s governance, approval, risk management and oversight processes, and clear regulatory and taxation framework.”
Laurent Denayer, EY partner, Global Fund Distribution leader, said: "In the last three years Luxembourg increased its UCITS’ footprint in most European markets, reaching a total of 62% of the total AuM distributed. Moreover, Luxembourg funds collected more new money than all the other individual markets in Europe.
Full document
© ALFI - Association of the Luxembourg Fund Industry
Key
Hover over the blue highlighted
text to view the acronym meaning
Hover
over these icons for more information
Comments:
No Comments for this Article