After ten years in Luxembourg, the Danish Asset Manager Sparinvest has announced that it has transferred the domicile of its parent company, Sparinvest Holdings SE from Denmark to Luxembourg.
Group CEO Per Noesgaard said this move was part of a five year international expansion plan. Calling the country the ‘intelligent’ domicile, he added: “the authorities overseeing the fund management business here in Luxembourg are the best in the world. Their competence and desire to nurture the fund management industry have proved an irresistible attraction.”