|
By Yves TAMBOUR, Founder and Managing Partner of FundGlobam
Italy is one of the largest markets in Europe. From the perspective of the cross-border distribution of foreign funds, the Italian market is one of the most popular markets for asset managers wishing to distribute their products on a cross-border basis.
A significant number of Italian asset managers have chosen Luxembourg as their investment fund domicile (so called “round trips”). In this respect, Italy is similar to other markets such as France and Switzerland.
A major market for cross-border funds
Italy has 61 million citizens with an average life expectancy of 82 years.
10.4% of the total household financial assets of Italian citizens...
|