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Bonaire Software Solutions, LLC, a leading provider of revenue management and business intelligence solutions to investment managers, mutual funds, funds administrators, wealth managers and capital markets firms, today announced survey results concerning mutual fund firms seeking to grow business in Luxembourg. When asked to identify the top two regulatory initiatives influencing the funds business, 81% of respondents flagged FATCA. UCITS IV and AIFMD tied for second at 24% each. According to 77%, these regulations are prompting firms to deliver greater transparency to investors.
“Due to the Luxembourg and general EMEA’s strong funds business – regulators, custodians, administrators and firms have a deep understanding of the industry and are quick to adapt global...
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