This book is to be placed in an unexploited niche in the fund industry literature: it

has first to be distinguished from the main strand of the literature on mutual funds

focusing on funds selection's methods and portfolio management strategies available to

funds 'managers'.

This book aims at providing the readers with a comprehensive overview of the

Luxemburg fund industry together with a better understanding of the mechanisms

governing the interactions between its different actors. The goal is to enable the readers

to better apprehend the functioning of industry as a whole from both a legal and

practical perspective and to operate more efficiently within the industry.

As a consequence, the book must be distinguished from practitioner oriented

compilations of legal texts and references.

The contribution of renowned experts of fund industry in Luxembourg permitted to

summarize the operating in Luxembourg. Consequently, this book aspires to become a

reference on the topic. Students in Finance, Law and Management considering a career

in the fund industry will benefit from this book by gaining a better understanding of

fund industry as a whole, which would improve their employability in this sector.

Under the supervision of Danielle Sougné, this work gathers the contributions of Xavier

Balthazar, Tarik Bazgour, Yves Francis, Claude Hoffman, Michel Maquil and Jérôme

Wigny.