On the final day of the ALFI Global Distribution Conference 2017, held in Luxembourg on 19 and 20 September, MackayWilliams, the independent mutual fund market analysis and research company, presented the inaugural MackayWilliams Distribution Achievement Awards.
In response to recent political and macro-economic developments, the Association of the Luxembourg Fund Industry (ALFI) has announced a series of initiatives to support asset managers and investment funds in fulfilling their role of serving investors and fostering economic growth. The main focus of these actions will be the potentially disruptive consequences of Brexit, technology, investor education, operational efficiency and cost management.
On 11 July 2017 ALFI responded to the ESAs’ consultation on a draft joint RTS on measures to take to mitigate AML/CFT risks where a third country’s law does not permit the application of group-wide policies and procedures.
The Association of the Luxembourg Fund Industry (ALFI) welcomes the European Commission’s initiative to create a regulatory framework for an innovative pan-European personal pension product (PEPP). ALFI believes that the investment fund industry in general, and Luxembourg’s internationally oriented fund sector in particular, can play a key role in facilitating long-term savings in Europe and in allowing individuals to build up additional retirement income.
The Association of the Luxembourg Fund Industry (ALFI) welcomes the decision of MSCI to include China A-Shares (5%) into the MSCI Emerging Markets Index, resulting in an approximate weight of 0.73% in the index which was announced yesterday.