CESR's technical advice to the European Commission on level 2 measures relating to mergers of UCITS, master-feeder UCITS structures and cross-border notification of UCITS
ALFI represents the Luxembourg investment management and fund industry. It counts among its membership over 1,300 funds and asset management groups from around the world and a large range of service providers. According to the latest CSSF figures, on 31 August 2009, total net assets of undertakings for collective investment were 1,739 trillion euros.
There are 3,449 undertakings for collective investment in Luxembourg, of which 2,069 are multiple compartment structures containing 10,818 compartments. With the 1,380 single-compartment UCIs, there are a total of 12,198 active compartments or sub-funds based in Luxembourg.