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By Irina STOLIAROVA, Senior Associate, GSK Stockmann
ESG – a key trend driving growth within Luxembourg’s investment funds industry?
Luxembourg continues to be the leading hub for the set-up and administration of investment funds in Europe. Despite the Covid-19 pandemic a growth of the assets under management (AUM) in Luxembourg can be observed. An all-time record of more than 5 trillion Euros of AuM as at 31 January 2021 was achieved. This should be considered as tremendous success.
One of the current trends driving growth and development in the Luxembourg fund industry is sustainable finance. Beginning of February this year, the credit rating agency Moody’s acknowledged this trend by certifying...
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