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"Will Luxembourg be the domicile of choice for London based international cross-border fund management groups reassessing their business models in light of Brexit?" was the central question at ALFI's recent Leading Edge conference on the potential implications of the UK's planned withdrawal from the European Union.
Fund industry experts from both Luxembourg and London agreed that Luxembourg does indeed have a lot to offer to UK asset managers, including:
- the quality of the 'Luxembourg brand' - whether for UCITS or alternative funds - and its worldwide recognition
- its unequalled cross-border fund distribution footprint
- the country's political and economic stability
- the entire, comprehensive fund industry ecosystem
- the...
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