Why the fund industry chooses Luxembourg
(ALFI) – With more than EUR 4,000 billion in net assets under management, Luxembourg is the largest investment fund center in Europe and the second largest in the world after the US. It is the largest global distribution center for investment funds, with its funds offered in more than 70 countries around the world.
Luxembourg’s investment funds have a dominant share in both the retail and the institutional marketplace in Europe, and they are the vehicle of choice in many parts of Asia, Latin America, and the Middle East. Luxembourg is also a major center for alternative asset classes with more than EUR 650 billion of assets managed by alternative fund managers.
How did Luxembourg build these strong positions in the global investment fund industry? In the attached brochure, Camille Thommes (pictured), the Director General of ALFI, offers a guide to all that Luxembourg has to offer the asset management industry and the people who work in it.