Arendt & Medernach reinforces its position as leading legal advisor in the asset management industry (Monterey Insight - Luxembourg Fund Report 2023)
Arendt & Medernach advises 35% of investment funds in Luxembourg and reinforces its position as leading law firm in the asset management industry.
The renowned Monterey Insight Fund Report has announced its yearly survey of the market share of service providers to the Luxembourg investment fund industry.
Arendt & Medernach is the leading Luxembourg legal advisor in terms of:
- the number of funds and sub-funds advised (4,488 in total) as it has been for several years, and
- as of now, the value of assets under management of these funds (total of USD 1,700.4bn).
(Source: Monterey Insight, Luxembourg Fund Report 2023)
Gilles Dusemon, Partner in Investment Management, said:
"Luxembourg affirms its leading position as the main european funds hub and we are delighted to experience a continuous growth in the number of clients seeking Arendt for advice and guidance. We stand by their side as they adapt their position to changing market conditions both within traditional and alternative asset management strategies."