Luxembourg Funds Market
Luxembourg is the second-largest Investment Funds market after the United States and is a world leader in the cross-border distribution on Investment Funds, with around 6 trillion AuM of Investment Funds domiciled and distributed in more than 70 jurisdictions.
The attraction of the Luxembourg Funds market is driven by conditions that are particularly favourable for the sector operators: like the political stability of the Country, the high concentration of Investment Funds experts and a regulatory framework that allows greater speed and simplicity in the management of financial products.
In this context, the main role of a Management Company (ManCo) is therefore to set up Investment Funds, manage them and take care of their supervision.
Although the number of ManCo in Luxembourg stands at over 300, few of them can be defined as effectively independent not belonging to a financial group. Among these there is Pharus Management Lux SA, founded in 2012 and authorised by the CSSF to manage UCITS, AIF (Hedge Funds) Investment Funds, discretionary mandates and to provide financial advisory services.
The advantages of an Independent Third-Party Management Company
Pharus ManCo’s independence has allowed it to create a flexible business model without limits or constraints on the extension of its distribution network. This has led to having, today, a wide and varied network, operating in the best interests of the customer, with distribution skills that allow to offer the right products to the right distributors.
Furthermore, it has also made it possible to keep in-house all those functions that usually tend to be outsourced by other Management Companies to external service providers, like portfolio management, legal and reporting functions.
This allows offering high standard, competitive, and customised solutions to professional customers. A tailor-made approach, which has made it possible to achieve high net worth individuals, managers, funds, family offices and banking institutions both in Europe and abroad, such as in Mexico, making Pharus ManCo a selected partner.
And it is thanks to these characteristics that Luigi Maria Vitelli, CEO and managing director of , intends to continue to pursue this business development strategy: to extend the presence in Europe already started with the opening of the first branch in Italy (Milan), to offer the ManCo’s services to those British Investment Companies that need a partner to manage and distribute European Investment Funds after Brexit and to create investment vehicles, and in particular RAIF managed by Asian managers, to respond to the interest of European investors in strategies focussed on Emerging Countries.
This promotional article was written by Pharus Management Lux SA as part of the company’s membership with the Paperjam + Delano Club. If you wish to become a member of the Club, contact us at .