Equity funds found to be the majority of global cross-border funds
Equity funds dominated cross-border assets, while UCITS held their leading position with Luxembourg at the helm in 2023, according to a study by PwC Luxembourg.
Additionally, the total number of global true cross-border funds reached 14,725 in 2023, up from 14,607 in 2022, with Luxembourg remaining the leader in global cross-border fund registrations with a market share of 54.6 percent. ...