Luxembourg Commission de Surveillance du Secteur Financier (CSSF) published its end-December 2024 statistics for Luxembourg undertakings for collective investment (UCIs) under the 2010 Law, specialised investment funds (SIFs) and investment companies in risk capital (SICARs). Total net assets were EUR 5,820.088bn, down 0.34% from end-November, while the 12-month change was an increase of 10.12%. The EUR 20.089bn monthly decline reflected net subscriptions of EUR 4.510bn (0.08%) and negative market effects of EUR 24.599bn (-0.42%). The number of UCIs fell to 3,143 from 3,161, with 2,067 umbrella structures representing 12,523 sub-funds and 13,599 active fund units in total. In December, most equity UCI categories recorded net outflows, except US equities, while fixed income UCIs saw positive net capital investment mainly driven by inflows into USD and EUR money market UCIs. During the month, seven UCIs were registered on the official list and 25 were deregistered, across UCITS, 2010 Law Part II UCIs and SIFs. The release also notes one UCI whose designated management company was authorised by another Member State authority under Directive 2009/65/EC.
Luxembourg Commission de Surveillance du Secteur Financier 2025-02-25
Luxembourg Commission de Surveillance du Secteur Financier reports Luxembourg fund net assets fell 0.34% in December to EUR 5,820.088bn
The Luxembourg Commission de Surveillance du Secteur Financier reported a 0.34% monthly decline in total net assets of Luxembourg UCIs, SIFs, and SICARs to EUR 5,820.088bn as of December 2024, despite a 10.12% increase over 12 months. The decline was due to net subscriptions of EUR 4.510bn and negative market effects of EUR 24.599bn. The number of UCIs decreased to 3,143, with net outflows in most equity UCI categories except US equities, while fixed income UCIs saw positive inflows.