Luxembourg - Alfi
Luxembourg - Alfi
Luxembourg - Alfi
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Asia – An Opportunity for <strong>Luxembourg</strong> UCITS<br />
• Asia Represents the largest emerging market oportunity for UCITS sales.<br />
Latin America<br />
• Brazil<br />
• Chile<br />
• Argentina<br />
• Mexico<br />
• Peru<br />
$815<br />
$10<br />
UCITS<br />
Total<br />
$6.95 Tr<br />
~$35<br />
~$15<br />
Middle East<br />
• Saudi Arabia<br />
• Kuwait<br />
• Bahrain<br />
• UAE<br />
• Qatar<br />
Forces Driving Growth in Emerging Markets<br />
• Elevated economic growth and wealth creation rates<br />
• Younger populations, a leading indicator of pension system inflows<br />
• Penetration of asset management products in emerging markets will<br />
rise in step with the creation of new investable assets<br />
$ 1,694<br />
$684<br />
Asia Pacific<br />
• Singapore<br />
• Hong Kong<br />
• South Korea<br />
• Taiwan<br />
Total Mutual Fund AUM 2009<br />
(USD Billions)<br />
Total Mutual Fund AUM invested<br />
offshore 2009 (USD Billions)<br />
Sources: EFAMA (June 2010), Cerulli (2010)<br />
Korea<br />
Hong<br />
Kong Singapore Taiwan<br />
AUM of Mutual<br />
Funds/Unit Trust 305 628 626 62<br />
(US$bn)<br />
AUM/GDP 32.1% 298% 317% 18%<br />
Foreign Manager’s<br />
Share in<br />
On-shore Market<br />
Availability of<br />
Off-shore Funds<br />
“The emerging markets are something of a “promised land” for asset managers … who need to find new methods of distribution<br />
in these markets.”<br />
Philippe Morel, co-author of ‘In Search of Stable Growth: Global Asset Management 2010’<br />
41
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