Universal Investment Group has appointed Jeremy Albrecht as the new country head and CEO for its Luxembourg platform, a move aimed at driving further growth for the firm in the region. on Thursday 16 January 2025, Albrecht will be responsible for overseeing both Universal Investment Luxembourg and UI Efa, the company’s fund administration arm. His appointment comes as the Luxembourg platform experiences a period of strong growth, with year-to-date assets under administration increasing by 33%.

Previously Albrecht spent over six years as the global head of client coverage at RBC Investor & Treasury Services. Following the acquisition of RBC Investor Services’ operations, he continued in the same role at Caceis, gaining a broad understanding of the asset servicing industry. This expertise will be instrumental as Albrecht takes charge of UI’s Luxembourg operations, which now administer approximately €400bn in assets.

In a statement following his appointment, Albrecht noted that the combined strengths of UI Efa and UI Luxembourg presented “compelling growth opportunities” and that he was eager to build on the platform’s success. “I look forward to driving this momentum,” Albrecht said.