Happy with regulation

A total of almost €2 trillion in assets under management are administered from Luxembourg, comparing favourably with Ireland’s €1.3 trillion. In June 2009, €128.5 billion of that was invested in hedge funds or funds of hedge funds while in Ireland only €37 billion was attributed to the hedge fund industry.

Today, Luxembourg believes it is well placed to see assets grow. European investors into hedge funds are said to be demanding more-regulated products. This gives Luxembourg a clear advantage; a