“The cross-border fund industry has grown steadily this year. The number of cross-border funds has increased by 5% compared to last year, reaching 9,869, says José-Benjamin Longrée, partner, Global Fund Distribution Leader at PwC Luxembourg. This year’s poster highlights the strong evolution of cross-border fund distribution over the last ten years, with cross-border registrations reaching a compound annual growth rate of 11.4%.”

With 67%of the worldwide cross border registrations, Luxembourg remains the leading cross-border fund domicile. Both Luxembourg and Ireland recorded robust UCITS net sales, marking them as the leading European UCITS domiciles.

Overall, cross-border fund registrations grew consistently to 6% by the end of 2013. France achieved a record number of 916 new cross-border fund registrations in 2013.
Not surprisingly, equities remain the dominant asset class for cross-border funds. Case in point: 52% of cross-border funds were equity funds in 2013, up from 50% in 2012.