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ALFI released figures outlining the footprint of Luxembourg domiciled UCITS, showing the volume of assets under management in various markets globally as at December 2015, giving a breakdown in those markets of the percentage of Luxembourg UCITS, other foreign and domestic open-ended funds.
According to the figures:
- 50% of the AuM in open ended funds distributed in Germany, 51% of those in Italy and 51% of those in the Netherlands are in Luxembourg UCITS;
- Luxembourg UCITS make up 47% of the AuM in foreign open-ended funds distributed in Taiwan, Korean, Japan, Hong Kong, and Singapore;
- 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...
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