Butterfield Fulcrum has partnered with Luxembourg Investment Solutions to offer fund administration services in Luxembourg. The fund administration company will serve everything from mutual funds to UCITS.

“There is a growing trend towards regulated funds from the institutional client side, and Luxembourg is a preferred domicile, particularly for alternative managers with offshore funds seeking to clone their strategies with Luxembourg vehicles, such as master feeder funds and alternative UCITS,” said Thomas Goergan, chief executive officer of Butterfield Fulcrum.

-- This article first appeared on Money Management Executive.