This section includes press releases issued by ALFI.
A new all-time record has been reached in August 2016: EUR 3,602 billion net assets under management in Luxembourg investment funds!- Press releases
Net assets stood at EUR 3,602 billion, a 1.02% increase in comparison with July, due to both financial markets and positive net sales.
ALFI has successfully negotiated an AFS licence relief for financial services providers regulated by the CSSF.
Luxembourg was awarded “Best Centre for Fund Administration” at the Investment Week Fund Services Awards 2016, held in London on 4 October. The Awards are designed to celebrate cutting edge services and solutions in the fund management industry.
The very first edition of the TA & Asset Servicing seminar in Hong Kong was a great success! More than 150 fund industry professionals gathered to exchange on matters focusing on the Fund Distribution Operations value chain.
Members of the European Parliament (MEPs) adopted on Wednesday a resolution calling for changes to the legislation covering Packaged Retail and Insurance-based Investment Products (PRIIPs). It is now expected that the European Commission submits a new version of the regulatory technical standards (RTS), because the resolution means that the draft RTS will not enter into force in their current form.
A change in wealth allocation and investor attitudes is set to redefine the asset management industry according to the latest paper published by the Association of the Luxembourg Fund Industry (ALFI) and Deloitte Luxembourg, “How can FinTech facilitate fund distribution?”.
New fund structure will provide reduced time-to-market for authorised managers and well-informed investors!
The UK voted on 23 June to exit the EU and we must all now work to create practical solutions to implement this. For asset managers, whilst Brexit is a business issue and depends on each manager’s business model and strategy, ALFI will be working on practical solutions for the industry.
A year ago, ALFI presented its annual report as a flip book and a downloadable PDF version to ensure audiences around the world could access it. For its 2015-2016 report, the association created the dedicated website which should further facilitate access to key information.
Information, promotion and training are the key focuses of the Association of the Luxembourg Fund Industry (ALFI) as it aims to consolidate Luxembourg’s position as the leading European centre for investment funds.