The IFLR ESG report has been published by the International Financial Law Review (IFLR), a market-leading financial law publication for in-house counsel and law firms specializing in financial law.
Luxembourg continues to be the leading hub for the establishment of investment funds in Europe. Despite the COVID-19 pandemic, Luxembourg has seen a continued growth of the assets under management (AUM), increasing to the staggering amount of €5,248.971 billion as at the end of March 2021, which shows a continuous and stable growth and development in the market. One of the current trends driving growth and development in the Luxembourg fund industry is sustainable finance.
GSK Stockmann contributed to the report: Dr. Marcel Bartnik (Local Partner at GSK Stockmann in Luxembourg) and Irina Stoliarova (Senior Associate at GSK Stockmann in Luxembourg) composed the article “ESG drives growth within Luxembourg’s investment funds industry” discussing Luxembourg’s fund industry including the trends driving its growth and the hurdles to overcome.
The article is available for download as a PDF file and free to access on the IFLR website.