The Luxembourg undertakings for collective investment (UCI) industry recorded a positive change amounting to €54.487 billion in the month of April 2019.
As of 30 April 2019, the aggregate net assets of global UCIs amounted to €4.404.936 as opposed to €4.350.449 billion on 31 March 2019, an increase of 1.25% over one month. Over the past twelve months, the volume of net assets increased by 4.20%.
For its part, the Luxembourg UCI industry thus posted a positive change in the month of April, amounting to €54.487 billion. This increase represents the balance of negative net issues amounting to €1.209 billion (-0.03%) and favourable financial market developments of €55.696 billion (+1.28%).
The number of UCIs taken into consideration was 3,871 compared to 3,868 the previous month. 2,513 entities have adopted an umbrella structure representing 13,553 compartments. Adding 1,358 entities with a traditional structure, a total of 14,911 units are active in the financial centre.