July 21, 2006

Luxembourg: The New Center for Hedge Fund Investments

Luxembourg always competed with its rival Ireland to become the main European center for hedge fund operations. However, it failed to match Ireland's investment fund services. Now Luxembourg has launched fresh efforts to restore its competitiveness in a market in which Ireland has properly established itself.

The growth of the hedge fund industry in Luxembourg is a clear indication that it is all set to become a key center for hedge fund investments. One of Luxembourg's key challenges has been to provide an alternative to competitive approach adopted by other countries. It also needs to generate interest among investors and promoters of funds of hedge funds. Although is still trailing behind Ireland in terms of hedge fund business, industry experts agree that Luxembourg has been successful in putting itself on the hedge fund map and may become a serious competitor to Ireland in the coming months or years.

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July 21, 2006 in Emerging Markets | Permalink




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