With roughly €4.2 trillion assets under management, approximately 300 management companies/AIFMs selling 70% of European OGAW funds within the EU and in places as far away as Chile and Japan, the Grand Duchy provides today a proven safe environment for investing in funds. Luxembourg funds are “tried and tested”; buying a Sicav is something many institutional investors have grown familiar with. How did this develop, how does Luxembourg maintain its leading position?
https://paperjam.lu/article/news-luxembourg-funds-innovative-and-reliable