Unregulated investment funds in Luxembourg, in particular Reserved Alternative Investment Funds known Raifs, showed the biggest increase the Grand Duchy’s fund industry last year. According to the latest Monterey Insight report, the value of these funds increased 71.4 percent last year to some 330.8 billion euro.
Other unregulated funds, such as LuxLPs and Soparfi’s, reached a value of 470 billion at the end of 2021. That is an increase of 61.5 percent in assets.
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