In an interview published by the Luxembourg Ministry of Finance, Finance Minister Gilles Roth said Luxembourg's financial centre has continued to grow despite geopolitical and economic uncertainty, with assets under management in Luxembourg investment funds nearing EUR 8.6 trillion for the first time, up nearly 12% over the past 12 months. Alternative funds now represent about 35% of assets managed from Luxembourg, and Roth described the sector as a strategic priority given its roughly 25% share of national gross domestic product and more than 73,000 direct jobs. Roth said the government's focus is on competitiveness, digital finance and a regulatory framework that remains predictable without becoming more centralised at European level. He said Luxembourg is investing in artificial intelligence through the AI Experience Center at LHoFT and an advisory committee on AI for finance, is updating its blockchain and tokenization legislation, and is preparing a tokenized bond issue for institutional investors after launching a digital treasury certificate. He also said the government could revisit investment allowances for corporate spending on artificial intelligence and cybersecurity, while supporting the European savings and investments union but opposing a shift to centralised supervision in favour of greater coordination and convergence among national authorities.
Ministry of Finance (Luxembourg)2026-07-09
Luxembourg Ministry of Finance outlines AI and tokenization priorities as fund assets approach EUR 8.6 trillion
In an interview, Luxembourg Finance Minister Gilles Roth said the country's financial centre remains strong, with investment fund assets nearing EUR 8.6 trillion and alternative funds accounting for about 35% of assets managed from Luxembourg. He said the government is updating tokenization rules, preparing a tokenized bond for institutional investors and expanding AI initiatives, while opposing European Union supervisory centralisation in favour of stronger coordination among national authorities.