Evolution of UCIs;
Credit: CSSF
In December 2017, the Luxembourg UCI (undertakings for collective investment) industry recorded a positive change of €23.815 billion.
The end of 2017 saw the UCI sector profit from an increase of almost €24 billion. This increase represents the balance of net positive issues amounting to €20.998 billion (0.51%) and favourable financial market developments amounting to €2.817 billion (0.07%).
The number of UCIs taken into consideration in December 2017 was 4,044 compared to 4,068 the previous month, whilst 2,603 entities adopted an umbrella structure representing 13,287 compartments. By adding 1,441 entities with a traditional structure, a total of 14,728 units are active in the financial centre.
With regard to the impact of the financial markets on the main categories of UCIs and the net capital investment in the same UCIs, the categories of equity UCIs all experienced price increases for the month under review and the mutual fund categories as a whole posted a positive net capital investment.
