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By Bertrand JABOULAY, Partner, PwC Luxembourg
In a difficult economical and geopolitical context, more than ever, Luxembourg management companies need to ask themselves what changes they will have to consider to build the ManCo of tomorrow. Some of these issues, challenges and consequences were explored in detail at the second edition of our dedicated ManCo event at PwC Luxembourg*.
Management companies are key players in the Luxembourg financial landscape and for the Fund industry. The economical and geopolitical situation, combined with on-going regulatory evolution, have increased pressure on ManCos. While the Assets under Management has significantly decreased, the industry showed a strong resilience as only 3% of the decrease is due to...
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