Observatory for Management Companies

Welcome to the 10th edition of PwC’s Observatory for Management Companies.

Built on years of observation, our ManCos Barometer offers a detailed view of Luxembourg’s Management Companies (ManCos) landscape, covering In-house (UCITS or AIFM) and Third Party ManCos.  

At PwC, through our ManCos Barometer, we conduct in-depth analyses of the ManCos ecosystem. Our aim is to connect the dots to provide you with a comprehensive overview of the industry's current state and support you as a trusted partner in shaping your future strategies.

This detailed analysis has been designed to respond to your questions covering a wide range of topics such as substance, governance, operating models and digitalisation. 

We are pleased to present the 10th edition, a significant milestone that underscores our continued commitment to delivering insights that matter.

We would like to thank all the survey participants for their meaningful insights.

Observatory for Management Companies
Laurent Buttice

"Facing dual challenges of maintaining competitiveness and adapting to evolving regulatory landscape, ManCos’ operating models are being re-shaped.

Attracting highly specialised talents and streamlining internal processes, automation and digitalisation are pivotal to shaping a resilient, innovative, and sustainable operating model for ManCos."

Laurent Butticè, Management Company Leader

Our Sample

0
Survey participants
0%
of the ManCos AuM
0%
of the ManCos employees

ManCo snapshots  

0
ManCos (UCITS and/or AIFM)
0
UCITS licenses
0
employees in ManCos
0
Super ManCos
0
AIFMs licenses
0
AuM of ManCos (in billion Euros)
+0%
of AuM managed by ManCos
0
New entrants

Evolution of ManCo players

Evolution in 2024

ManCos
AIFMs
Super ManCos
UCITS

Asset growth and market updates

Evolution since 2023

AuM (EUR5,858bn AuM as at December 2024)
%
UCITS AuM
%
Regulated Alternative AuM
%
Non-regulated Alternative AuM
%

The 10th edition of our Management Companies Observatory Barometer is out!

Order your printed copy

Download the 2025 ManCos Barometer

{{filterContent.facetedTitle}}

{{contentList.loadingText}}

{{filterContent.facetedTitle}}

{{contentList.loadingText}}

Contact us

Laurent Butticè

Audit Partner, Management Company Leader, PwC Luxembourg

Tel: +352 621 332 713

Bertrand Jaboulay

Audit Partner, PwC Luxembourg

Tel: +352 49 48 48 2198

Michael Delano

Audit Partner, Asset & Wealth Management Leader, PwC Luxembourg

Tel: +352 49 48 48 2109

René Paulussen

Alternatives Leader, PwC Luxembourg

Tel: +352 621 332 385

Follow us