Net assets of UCITS in Western Europe Q1 2021, by country
As of the first quarter of 2021, Luxembourg recorded the largest value of net assets of UCITS industry among Western European countries. UCTIS stands for Undertakings For The Collective Investment Of Transferable Securities, and is a public limited company that coordinates the distribution and management of unit trusts amongst countries within the European Union. The total net assets in Luxembourg reached a value over 4.4 trillion euros at that time, followed by Ireland with approximately 2.7 trillion euros in total net assets. The third place ranking is completed by France, with approximately 981 billion euros in net assets.
