Why wealth managers should need to create a Luxembourg fund?
Efficiency of activity – Competitivity
Industrialize management of “core” model portfolio
Minimize administration
Ideal response to increasing regulatory pressure
Transparency of fee structure
Securing access to open architecture and independence
Building up official track record
Possibility to create dedicated structures for a client or client group (family).
The creation of an investment vehicle for your clients may be achieved rather simply and in an affordable manner, provided you receive proper guidance.
Cicerone enables you to benefit from its network of experts, who will offer you a well-suited high-level solution at the right cost. In such cases it is actually preferable to avoid integrated front-to-back solutions (custody, administration, TA, Manco, Risk etc.) and select independent providers for each tranche of the business.
Finally, Cicerone will also take on the operational setup of the vehicle, an area where experience and know-how will yield huge time savings while avoiding unwelcome challenges.