Luxembourg has long been a heavyweight in the European domicile dogfight: playing host to €4.5t in Ucits and €2.3t in AIFs (Alternative Investment Funds), the continent’s preeminent fund centre has a reach of over 70 countries.
Representing the country’s financial sector is the Association of the Luxembourg Fund Industry (Alfi), whose leadership sat down with Citywire Selector over a round of mint teas after their UK roadshow last month.
But the conversation soon turned to competition, particularly concerning Luxembourg’s main domicile rival: Ireland.