Funds
Luxembourg domiciles 53% of cross-border assets, US managers dominate: fresh figuresMoney
![Fine wine is not a particularly liquid asset. “Liquidity generally refers to how easily or quickly [an asset] can be bought or sold in a secondary market,” the SEC said. Photo: Lucas Santos/Unsplash](https://assets.paperjam.lu/images/articles/jargon-buster-liquidity/0.5/0.5/460/306/595266.jpg)
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