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LUXEMBOURG: Arendt and Elvinger enjoy funds upswing.

Europe Intelligence Wire

| May 01, 2006 | COPYRIGHT 2006 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From The Lawyer)

Arendt & Medernach and Elvinger Hoss & Prussen were the main beneficiaries of the double-digit growth in the Luxembourg funds market.

Both firms advised on a record number of funds, taking the top two spots in the annual survey of the Luxembourg funds industry by Lipper Fitzrovia.

Arendt took the top spot, advising on 2,003 funds, while Elvinger came second, acting on 1,957 funds, but the latter leads on market share when measured by net assets.

 
Arendt & Medernach                       2,003 
Elvinger Hoss & Prussen                  1,957 
Linklaters Loesch                          814 
Bonn Schmitt Steichen                      480 
Kremer Associes & Clifford Chance  ...

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