In Luxembourg’s financial sector, 'the new Ucits’ is an informal but widely recognised label that stands for innovation and promising change. It refers to the success of its 1980s investment legislation that offered European passports to Ucits investments funds, sparking a multi-decade boom in the financial sector, turning Luxembourg into Europe’s leading hub for investment funds and replacing the steel industry as the country's main economic driver.
Register or log in to continue reading. Investment Officer is an independent journalism platform for professionals working in the Luxembourg investment industry.
A subscription is free for professionals working at banks and independent asset managers.
