Investment funds in Belgium 2010-2023, by institution type
The total number of public undertakings for collective investment (UCIs) in Belgium from 2010 to 2023 can be sorted by type of institution. UCIs are financial institutions that collect capital among investors and manage that money collectively, following an established investment policy. They can offer two main investment assets: an UCTIS (Undertakings for Collective Investment in Transferable Securities, which at its core stands for investment funds that are domiciled in Europe and regulated by the European Union) or an AIF (Alternative Investment Funds, all investment funds that have not yet been regulated by the European Union such hedge funds, funds of hedge funds, venture capital, private equity funds and real estate funds).
In 2023, the number of pension saving funds in Belgium reached a total of 17. The source states that this type of public UCI is promoted with certain fiscal advantages, in order to promote individual pension saving. The source also mentions that public UCIs are different to institutional or private UCIs in that they entail a public offer. For this, they mainly target retail investors.