Communication · Funds

Over 1000 billion euros stuck in "zombie funds"

Photo by Zorik D on Unsplash

Nearly 1,200 billion euros in assets is tied up in newly launched funds that need at least 100 million euros to break even, according to research by the data consultancy Broadridge. Almost six in ten Luxembourg-domiciled funds have less than 100 million euros in assets. 

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.