The volume of assets placed in investment funds in May stood at CHF 1,194bn (€1,118.4bn), recording an increase of CHF 33bn (2.8% month-on-month increase).
Five goals in five years. That is the ambition that the Association of the Luxembourg Fund Industry (ALFI) unveiled on Tuesday 9 June.
UCITS and AIFs registered net outflows of €125bn in the first quarter (Q1) of 2020, a level not seen since the global financial crisis.
Profitability management will be a big challenge for Luxembourg-domiciled management companies (ManCos) this year, PwC experts believe.
If the fund offering reduced in Spain last year, the number of Spanish investors in foreign investment vehicles rose to 3.36 million as at 31 December 2019.
European ETFs faced severe outflows during the March 2020 market correction but continued trading and attracting investors as the positive flows resumed in April.
The latest PwC Annual Global Fund Distribution (GFD) poster revealed that the number of fund registrations grew by 7.02% over 2019.