about alfi
The Association of the Luxembourg Fund Industry is the official representative body for the Luxembourg investment fund industry and was set up in November 1988 to promote its development.
Association of the Luxembourg Fund Industry
ALFI's Articles of Association were amended in April 2000 and, as well as investment funds, the association now includes a wide selection of service providers: custodian banks, fund managers and administrators, transfer agents, fund distributors, law firms, consultants and tax advisers, auditors and accounting firms, IT services companies, etc.
Luxembourg is the largest fund domicile in Europe and its investment fund industry is a world leader in cross-border fund distribution. Luxembourg-domiciled investment structures are distributed in over 50 countries around the globe, with a particular focus on Europe, Asia, Latin America and the Middle East.
Mission
“Lead industry efforts to make Luxembourg the most attractive international centre for investment funds".
ambition paper
ALFI sets out its ambition for the Luxembourg Fund Centre, to be a global centre of excellence for the asset management industry, thereby creating opportunities for investors, fund professionals and the global community as a whole.
The five key objectives set out in ALFI’s ambition paper are to:
- Ensure UCITS remains the best-in-class for investor protection;
- Help fund managers and institutional investors to leverage the development of regulated European alternative funds, with AIFMD;
- Stimulate innovation within the funds industry;
- Facilitate cross-border fund distribution;
- Ensure Luxembourg remains the partner of choice for the asset management industry