Universal Investment Group continues to lead the pack as largest third-party ManCo and AIFM in Luxembourg
Luxembourg is the world’s largest fund hub and, according to the annual “Observatory for Management Companies” created by consultant PwC Luxembourg, has grown further in 2021. Assets managed by Management Companies (ManCos) increased year-on-year by 22% to the all-time high of EUR 5.3 bn. UCITS funds, which still play a pivotal role, increased by 16% in 2021. Alternative investment funds experienced an even stronger growth with 41% compared to 2020.