Lux fund assets hit €5 trillion
Assets invested in funds domiciled in Luxemburg have exceeded the €5 trillion mark for the first time. At the end of January, asset reached a record €5050 billion according to figures published by the CSSF.
Luxembourg fund assets back at pre-Covid levels
Assets in Luxembourg-domiciled UCIs reached their highest level since January, according to figures published by the CSSF. Total assets rose by 1.72% to reach €4.7 trillion at the end of August.
This means assets in Luxembourg-domiciled funds have risen by €547 billion, or roughly 13%, since the end of March when they hit a multi-year low. Assets of US and global equity funds rose most in August, while assets in all bond funds except high-yield bond funds declined.
Luxembourg fund assets recover in April
Total assets invested in Luxembourg-domiciled investment funds rose by 6.11% in April, taking the amount of assets invested back to €4.4 trillion. This is roughly the same level as a year earlier.