![Fragmented European market stymies fund distribution Fragmented European market stymies fund distribution](https://images.investmentofficer.com/sites/default/files/styles/large/public/FdLu_mBXEAEPH4y.jpg?itok=oukBMu50)
Ambitions to build on Luxembourg’s global hub status for investment funds to make this country a global fund distribution centre are being held back by differing national approaches on regulations as well as prudential rules, despite efforts to harmonise European legislation and the EU’s cross-border fund framework.
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