This section includes press releases issued by ALFI.
Cross-border distribution of investment funds: a trade-off between removing distribution barriers and adequate investor protection- Press releases
ALFI statement following the adoption by the European Parliament of the Directive amending the UCITS and AIFM Directives and the EU Regulation amending the European Venture Capital Funds (EuVECA) and European Social Entrepreneurship Funds (EuSEF) Regulations
Review of the operation of European Supervisory Authorities: Council Presidency and Parliament reach provisional agreement- Press releases
On 21 March 2019, the Romanian Presidency of the Council and the European Parliament announced that they had reached a provisional agreement on the reform of the European system of financial supervision, which includes in particular the three European Supervisory Authorities (ESAs).
ALFI presented the figures of 2018 as well as the opportunities and challenges for the asset management industry in 2019.
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.
2018 ALFI REAL ESTATE INVESTMENT FUND (REIF) SURVEY SHOWS INNOVATIVE RAIF REGIME IS FIRMLY ESTABLISHED- Press releases
According to ALFI’s 2018 REIF survey, 2017 and the first two quarters of 2018 show another good period for Luxembourg-domiciled REIFs. The population of REIFs surveyed by ALFI continued to expand, this time by 45, bringing the total number of surveyed vehicles to 304, including 27 manager-regulated AIFs, 27 RAIFs dedicated to real estate and 11 SICARs. Read the press release.
According the Luxembourg Private Equity and Venture Capital Investment Fund Survey conducted by Deloitte on behalf of ALFI, released today, assets under management have increased by 20% year-to-year , confirming Luxembourg’s attractiveness as a domicile for alternative investment funds. Read the press release.
Assets under management in Luxembourg-domiciled Loan Funds has reached €49billion, according to a study by KPMG on behalf of ALFI, the Association of the Luxembourg fund industry. This is a 23.5% increase over the past year, reflecting the increasing momentum of non-bank financing across Europe and beyond and demonstrating the appeal of Luxembourg as a domicile for alternative investment funds. These Loan Funds comprise a variety of strategies, the predominant ones being Senior Loans (35%), High Yield (22%) and Direct Lending (18%). Read the press release.
STRONG GROWTH IN LUXEMBOURG ALTERNATIVE FUNDS CONFIRMED BY SURVEYS ON REAL ESTATE, LOAN AND PRIVATE EQUITY AND VENTURE CAPITAL FUNDS- Press releases
ALFI today unveiled three reports at its PERE conference held in Luxembourg on 20 and 21 November. The surveys all highlight the strong growth of alternative funds in Luxembourg:
The Luxembourg Real Estate Investment Funds 2018 survey, confirms that Luxembourg remains the favoured location to establish and maintain multi-geographical and multi-sectoral regulated REIFs, which continue to appeal to institutional investors and fund managers from around the world. Read more.
The Loan Fund Survey 2018, carried out in conjunction with KPMG, shows that Assets under management in Luxembourg-domiciled Loan Funds has reached €49billion, a 23.5% increase over the past year, reflecting the increasing momentum of non-bank financing across Europe and beyond and demonstrating the appeal of Luxembourg as a domicile for alternative investment funds. Read more.
The 2018 Luxembourg Private Equity and Venture Capital Investment Fund Survey, conducted by Deloitte on behalf of ALFI, shows that assets under management in Luxembourg Private Equity Funds increased by 20% in 2018. Read more.
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.
Boutiques and global giants take the top accolades in the Broadridge Distribution Achievement Awards at the ALFI Global Distribution Conference- Press releases
BlackRock, Robeco, J.P. Morgan Asset Management and Sycomore were named the top groups in the Broadridge Distribution Achievement Awards, presented at the ALFI Global Distribution Conference in Luxembourg on 25 September.