Liechtenstein funds were managing more than CHF 114 billion in net assets as at the end of June 2024. This reflects growth of 14 percent against the end of 2023.
At the same time, the number of funds increased by six to 553 single and umbrella funds.
The number of funds in Liechtenstein increased to 533 single and umbrella in the first half of 2024, as detailed in a report published by the Liechtenstein Financial Market Authority (FMA) Liechtenstein covering the development of funds in the Principality in the first six months of the current year. These can be broken down into 324 alternative investment funds (AIF), 218 Undertakings for the Collective Investment in Transferable Securities (UCITS) and 11 investment companies. Broken down into single funds and sub-funds, the number of funds as at June 30, 2024 comes to 845 overall.
The assets managed by Liechtenstein funds amounted to 114.42 billion Swiss francs as at the end of June. Compared with year-end 2023, this represents an increase of 14.27 billion Swiss francs or +14.25 percent. At +17.8 percent, AIFs recorded the sharpest growth in net assets, while the net assets of UCITS increased by 6.3 percent. However, at the end of June 2024, the net assets pertaining to investment companies were 2.5 percent down versus year-end 2023.
With 324 funds, AIFs make up the largest group of all single and umbrella funds. Compared with the end of 2023, their number increased by four funds by the end of June 2024. In terms of single and sub-funds, their number was 467 funds as at the reporting date in the middle of this year. At 51 percent, around half of the single and sub-funds in the AIF area are reserved for professional investors, with 46 percent open to private investors.
Source: www.finance.li