Lux perpetua
18.09.2024 – Articles
The 30th edition of the Monterey Insight Luxembourg Fund Report, compiled by independent fund research company Monterey Insight, demonstrates robust growth and resilience for Luxembourg funds industry.
The big picture
According to the data, the funds market rebounded in 2023, with the total assets of serviced funds increasing by 14.0% in USD and 10% in EUR.
The total net assets for regulated collective investment funds domiciled in Luxembourg rose by 9% in USD and 5% in EUR.
While the value of assets for UCITS dropped by 22.2% in 2022, this year they have seen an increase of 9% in USD and 5% in EUR. SIFs and SICAR have also experienced positive growth.
The unregulated market saw spectacular growth again this year, with a 42% increase in USD and 37% in EUR.