The success story of the investment fund locations Luxembourg and Liechtenstein continues. Both locations once again posted record figures for fund assets under management over the past 12 months.
In Luxembourg, the world’s second-biggest investment fund location, a historic milestone was reached in September 2017 when investment fund assets under management exceeded EUR 4,000 billion for the first time. At the end of January 2018, assets totalled an impressive EUR 4,214 billion.
Liechtenstein, with its liberal and very modern investment fund legislation, also saw a record number of new fund launches by the end of the year 2017. The 86 new funds and CHF 54.39 billion of investment funds under management marked an all-time high.
The background to these record figures is not merely the excellent operating conditions at the two Luxembourg and Liechtenstein locations along with consistently bullish markets, but also continuing demand for investment fund solutions from fund initiators and investors.
When it comes to new funds, funds in the field of illiquid alternative assets such as private equity, real estate, infrastructure and private debt are the predominate categories.
“Continuing growth at both fund locations underscores the benefits that investment funds offer over other capital investment vehicles,” states Eduard von Kymmel, Head of VP Fund Solutions, Chairman of the Board of Directors of VP Fund Solutions (Liechtenstein) AG and CEO of VP Fund Solutions (Luxembourg) SA.
VP Fund Solutions, the investment fund competence centre of the internationally-operating VP Bank Group, has reported excellent figures for new funds established in the year 2017. The number of funds managed by VP Fund Solutions in Luxembourg and Liechtenstein rose by some 20 percent, while total fund assets under management increased 12 percent. These figures are in line with market trends.
In addition, the “Best Manager” funds of VP Bank, which have been awarded an outstanding A-rating by the distinguished rating agency Citywire, are demonstrably first-class investment vehicles and generate consistently above-average returns for clients.
VP Fund Solutions was founded 20 years ago in Luxembourg and today comprises VP Fund Solutions (Liechtenstein) AG as well as VP Fund Solutions (Luxembourg) SA. VP Fund Solutions specialises in professional, holistic, traditional and alternative private label investment fund solutions.
Further information about the investment fund activities of VP Bank Group is available on the website www.vpfundsolutions.com.