This section includes press releases issued by ALFI.
The Securities and Futures Commission (SFC) of Hong Kong and the Commission de Surveillance du Secteur Financier (CSSF) of Luxembourg have today signed a Memorandum of Understanding (MoU). The MoU provides a framework for the mutual recognition of covered funds offered, marketed and distributed to the public in Hong Kong and to retail investors in Luxembourg. It serves as a facilitator for the approval and marketing of investment funds in both jurisdictions.
On the occasion of its 30th anniversary, the Association of the Luxembourg Fund Industry (ALFI) declared its commitment to work alongside stakeholders in Luxembourg to enable citizens to better understand and manage personal finances, in a context of rapid technological, economic and societal change. A dedicated session at the ALFI Global Distribution Conference provided an opportunity for representatives from the government, education, finance, business and the media to explore ways of closing the financial education gap in the Grand Duchy.
UCITS assets could quadruple to EUR 42 trillion by 2048, according to ALFI’S 30th anniversary report- Press releases
According to the report issued today by ALFI to mark ALFI’s 30th anniversary, UCITS assets have the potential to grow at a compound rate of 5% in the next three decades, with average annual net sales flows rising from €201 billion in 2017 to €860 billion in thirty years. As long as certain risk factors are addressed, this growth rate would quadruple UCITS’ asset base to over €42 trillion by the year 2048.
One month ahead of the national elections, ALFI presents its recommendations to maintain the successes achieved and ensure the future development of the investment fund sector in Luxembourg.
The Association of the Luxembourg Fund Industry released its annual report at the occasion of the Annual General Meeting, which summarised the activity that it has undertaken to ensure that Luxembourg retains its position as the leading European investment fund centre. Read the press release in English.
Read more about ALFI’s activities and achievements in its online annual report.
ALFI wishes “Happy Birthday” to one of the EU’s strongest brands and the only globally distributed investment fund product
Two out of three UCITS funds distributed internationally are based in Luxembourg
Press alert: Position de l’Association Luxembourgeoise des Fonds d’Investissement (ALFI) relative à la nouvelle convention fiscale franco-luxembourgeoise- Press releases
L’ALFI a pris connaissance d’une version non-officielle de la nouvelle convention fiscale franco-luxembourgeoise. Une analyse préliminaire soulève en effet quelques interrogations pour ce qui est du domaine des fonds d’investissement.
L’ALFI ne se prononcera pas avant l’accomplissement d’une analyse détaillée basée sur une version officielle de la convention.
ALFI statement following the publication of the European Commission’s Proposal amending UCITS and AIFM Directives- Press releases
ALFI, the Association of the Luxembourg Fund Industry, has been engaged in the Capital Markets Union initiative from the outset and has actively responded to the European Commission’s 2016 consultation on barriers to the cross-border distribution of investment funds.
ALFI statement following the publication of the European Commission’s Action Plan for Sustainable Finance- Press releases
ALFI, the Association of the Luxembourg Fund Industry, welcomes today’s publication of the European Commission’s ‘Action Plan: Financing Sustainable Growth’.
Luxembourg domiciled funds reached a new all-time record at the end of December 2017, with assets under management standing at EUR 4,159 billion, according to figures issued by the CSSF, the Luxembourg regulator. Assets under management increased by EUR 418 billion, growing 11.18% over the year.