Luxembourg: Financial Sector Assessment Program—Technical Note on Investment Funds: Regulation and Supervision
Electronic Access:
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Summary:
The Investment Funds (IFs) industry in Luxembourg dominates the domestic financial sector and the EU funds landscape. The Assets Under Management (AUM) of the IF industry in Luxembourg is around 80 times its GDP, much higher than banking (13 times GDP) and insurance (3 times GDP). Based on IF domicile, Luxembourg has the largest fund industry by AUM in Europe, followed by Ireland; it is also the second largest fund industry in the world, next only to the USA.
Series:
Country Report No. 2024/181
Subject:
Financial institutions Financial sector policy and analysis Financial sector stability Mutual funds
Frequency:
regular
English
Publication Date:
June 24, 2024
ISBN/ISSN:
9798400280344/1934-7685
Stock No:
1LUXEA2024004
Format:
Paper
Pages:
48
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