Overall, five European countries ranked among the top ten largest fund domiciles in the world: Luxembourg (with 9 percent of worldwide investment fund assets), Ireland (5.9%), Germany (4.6%), France (3.8%), and the United Kingdom (3.1%).
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EFAMA – EUROPEAN FUND ASSET MANAGEMENT ASSOCIATION
Source of Datas: EFAMA – EUROPEAN FUND ASSET MANAGEMENT ASSOCIATION, page. 4. https://bit.ly/3o5bXEk