Luxembourg continues to strengthen its position as one of the world’s most attractive investment fund centres. Luxembourg is Europe’s Number 1 investment fund centre and the world’s leading hub for global fund distribution.

In 1988, Luxembourg was the first EU member state to adapt its legislation to the European Directive governing Undertakings for Collective Investment in Transferable Securities (UCITS).

The continuing development of the Grand-Duchy as a centre of financial and investment fund services has led to a unique concentration of specialist service providers, encompassing fund administration, management and distribution.

Luxembourg’s highly international investment fund industry also benefits from a very stable political and social environment. The Grand-Duchy of Luxembourg, a constitutional monarchy whose independence dates back to 1839, has a modern, dynamic and open economy with healthy public finances.

The Grand Duchy possesses an extensive legislative arsenal designed to fight money laundering and the financing of terrorism, as well as insider trading. Investment funds are supervised by the Commission de Surveillance du Secteur Financier (CSSF).