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The management company establishes the asset management rules and is responsible for the management of the Fund.
A management company can offer investment advisory services for a list of financial instruments defined by law, as well as custody and administration services for shares and units in UCIs.
All management companies must be approved by the financial sector supervisory authority. The CSSF will require, among other things, that the management company have sufficient financial means and that the company managers justify that they are qualified to discharge their duties.
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