Luxembourg beats the trend

By Hans Karl Kandlbinder and Till EntzianJune 2003 (Magazine)

In 2002, Luxembourg Spezialfonds defied the generally negative volume growth in both the Luxembourg and other European investment fund markets. Fund volumes increased, contrary to expectations, by 5.5%, compared to an increase of 6.1% the previous year. Volumes in Luxembourg funds open to the general public (public funds), however, were ...