Economics

Swiss bank sets sights on Luxembourg SICAVs for growth

Luxembourg's open-ended collective investment schemes (SICAVs) are to play a crucial role in the final restructuring stage of the Edmond de Rothschild group.

03.09.2013

Luxembourg's open-ended collective investment schemes (SICAVs) are to play a crucial role in the final restructuring stage of the Edmond de Rothschild group.

The Swiss group presented its final stage strategy on Tuesday, following last year's ambitious goal to increase assets under management by 25 percent over four years to reach the target of 158 billion euros.