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Luxembourg keeps growing

Luxembourg achieved its largest growth of assets under management in three years, during 1998, confirms the Luxembourg Fund Encyclopaedia published by Fitzrovia International in London. Overall the industry grew by 34.88% in terms of net asset value (dollars), compared to the cumulative growth over the period 1994-1997 of 33.21%. The number of subfunds established in the domicile passed the 5,000 mark (5,084) with 534 new additions over 1998, worth around $580bn.
The biggest fund promoters in Luxembourg according to the report come from Switzerland, France, Belgium and Germany, with growth figures of 11.9%, 6.1%,9% and 15.3% last year in terms of fund numbers. Spain, however, more than doubled its number of funds and increased its Luxembourg assets by $1.5bn over the year. The top fund promoter in terms of assets under management was UBS, with $85.2bn, with Credit Suisse coming second with $39.1bn and third Banca Fideuram with $20.9bn, but the most impressive growth in assets of 73% that year.

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IPE QUEST

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IPE Quest is a manager search facility that connects institutional investors and asset managers.

  • QN-2548

    Asset class: Fixed Income, Emerging Market Debt Hard Currency (Active).
    Asset region: Emerging Markets.
    Size: CHF 300-400m.
    Closing date: 2019-07-30.

  • QN-2549

    Asset class: Fixed Income, Emerging Market Debt Hard Currency (Passive or Passive Enhanced).
    Asset region: Emerging Markets.
    Size: CHF 300-700m.
    Closing date: 2019-07-30.

  • QN-2550

    Asset class: Fixed Income, Emerging Market Debt Local Currency (Active).
    Asset region: Emerging Markets.
    Size: CHF 250-350m.
    Closing date: 2019-07-31.

  • QN-2551

    Asset class: Fixed Income, Emerging Market Debt Local Currency (Passive or Passive Enhanced).
    Asset region: Emerging Markets.
    Size: CHF 250-350m.
    Closing date: 2019-07-31.

  • QN-2552

    Asset class: Fixed Income, High Yield (Active).
    Asset region: High Yield (US).
    Size: CHF 500-600m.
    Closing date: 2019-07-29.

  • QN-2553

    Asset class: Fixed Income, High Yield (Passive or Passive Enhanced).
    Asset region: High Yield (US).
    Size: CHF 500-1'100m.
    Closing date: 2019-07-29.

  • QN-2554

    Asset class: Global Real Estate (Equity, unlisted Funds).
    Asset region: World (ex-Switzerland).
    Size: CHF 200 mn (potential for further growth).
    Closing date: 2019-08-07.

  • QN-2555

    Asset class: Real Estate.
    Asset region: European.
    Size: EUR 50 - 100 million.
    Closing date: 2019-07-22.

  • QN-2556

    Asset class: FX Hedging.
    Asset region: Global.
    Size: Mandate size of CHF 1.5 bn.
    Closing date: 2019-08-09.

  • QN-2557

    Asset class: All/large Cap Equities.
    Asset region: China A-shares.
    Size: Unit linked platform (0m USD in initial investment).
    Closing date: 2019-08-01.

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