Despite a deteriorating eurozone outlook eating away at Luxembourg’s financial services industry, bright spots are on the horizon.
Despite a deteriorating eurozone outlook eating away at Luxembourg’s financial services industry, bright spots are on the horizon.
As the second-largest investment fund centre in the world and the largest in Europe, Luxembourg’s financial sector continues to adopt European Union regulation early, which is helping to draw in hedge funds, particularly those adapted to operate within the UCITS framework. By mid-2011, over…