With approximately €2.5 trillion in net assets and 13,000 sub-funds, Luxembourg's asset management industry is second only to that of the US. Luxembourg serves most of the leading asset managers and fund promoters worldwide and is recognised for its strong but flexible regulatory authorities and its international workforce of service providers, lawyers and accountants.
At PwC Luxembourg, asset management is our largest industry and we have invested significantly to ensure it remains a comprehensive, state-of-the-art practice. Our clients appreciate our continuous benchmarking and thought leadership, made possible through our sizeable market share and breadth of services, which include:
Despite the financial crisis and the recent EU Directive on administrative cooperation in the field of taxation, Luxembourg's financial centre continues to attract a wealth of market players looking to benefit from the European Passport and the country's strategic location, allowing them to market their products across the EU.
Luxembourg's key competitive advantages include its political stability, favourable tax regime, elaborate network of service providers and highly qualified multilingual workforce.
PwC Luxembourg has developed a full range of services for its banking clients, ranging from assistance in the authorisation process to support in the field of audit, assurance, tax, advisory and AML (further details are available here).
Tel: +352 49 48 48 2115
Tax Partner, Tax policy
Tel: +352 49 48 48 2568