Luxembourg

BlackRock has reduced the annual management charge on the retail share classes of six Luxembourg-listed funds by 25 basis points.

Switzerland has signed a revised double taxation agreement (DTA) with Luxembourg edging Switzerland closer to "White List" status.

RWC partners will launch a Luxembourg-based US equity long short fund, pending approval by regulators.

Sarasin has unveiled a fund specialising in the shares of global sustainable property companies.

Investec Asset Management has launched the GSF Global Franchise fund investing in high quality names which are attractively valued by the market.

Luxembourg has been promoted to the Organisation for Economic Cooperation and Development's (OECD)"White List" of tax havens which have met the international standard on exchange of information.