The 2023 Observatory for Management Companies (ManCos), an annual barometer published by PwC Luxembourg, highlights Luxembourg’s unwavering position as a thriving fund hub. Despite a decrease in assets under management (AuM) on regulated products since 2022, the publication reveals an impressive surge of 25% in Alternative Investment Funds (AIFs), affirming Luxembourg’s leadership in real assets. Furthermore, a promising 54% of the AuM managed by Luxembourg ManCos are sustainable investment compliant, with projections estimating a rise to 64% over the next 24 months.

Michael Reinhard has decided to seek new challenges. David Blumer heads the Investment Board of Universal Investment Group and has extensive experience in the fund industry. Heiko Laubheimer becomes new Group CFO as of 1 June.