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ARTICLE · 16 FEBRUARY 2022

Fund Finance 2022 Sixth Edition - Luxembourg

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Luxembourg continues to strengthen its ranking as the world's second-largest fund domicile after the United States: the assets under management (AuM) of Luxembourg-domiciled funds...

LuxembourgFinance and Banking
Vassiliyan Zanev
Vassiliyan Zanev
Marc Meyers
Marc Meyers
Maude Royer
Maude Royer

Overview

Luxembourg continues to strengthen its ranking as the world's second-largest fund domicile after the United States: the assets under management (AuM) of Luxembourg-domiciled funds stand at almost €5.6 trillion as at September 2021.1 This increase is not only based on the growth of traditional Luxembourg-domiciled undertakings for collective investment in transferable securities (UCITS) funds, but also due to the continued strong growth in respect of alternative investment funds (AIFs), including private equity, real estate, infrastructure and debt. The overhaul of the limited partnership regime in 2013 followed by the successful introduction of the reserved alternative investment fund (RAIF) in 2016 reinforced Luxembourg's position as a jurisdiction of first choice for fund managers.

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