Lenient monetary policies result in Lux funds positive trend in July

On the 09.05.19 at 7:54AM


Tuba Raqshan

The total net assets of Luxembourg-domiciled funds amounted to €4.48trn at the end of July, recording a 1.66% increase from June (€4.41trn).

The central banks’ accommodative monetary policies in July supported financial markets, in an environment marked by trade tensions and risks to overall economic growth.

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