ALFI launches working group in Singapore to strengthen cooperation between the local and the Luxembourg fund industries- Press releases
Ten years after having established its very active Representative Office in Hong Kong, the Association of the Luxembourg Fund Industry (ALFI) has now extended its presence in South East Asia by launching a new working group which will promote increased collaboration and closer relationships between the fund management industries in Luxembourg and Singapore.
On 2 February 2017, ALFI responded to the EBA discussion paper entitled “Designing a new prudential regime for investment firms”
From 10 to 13 January 2017, ALFI held its annual roadshow to Taipei, Tokyo and Hong Kong, a well acclaimed opportunity for senior professionals from Luxembourg and Asia to discuss cutting-edge issues affecting the asset management and investment fund industry.
Launched on Monday, 5 December, the Shenzhen-Hong Kong Stock Connect provides international investors with another direct link to access China’s domestic A-shares market and especially the stocks listed on the tech-heavy Shenzhen market. This further opening of mainland China’s capital market gives Luxembourg investment funds access to new asset classes.
The Association of the Luxembourg Fund Industry (ALFI) held its annual European Alternative Investment Funds Conference between November 22 and 23. A number of major issues affecting alternative funds were discussed, but what were the core points?
“Will Luxembourg be the domicile of choice for London based international cross-border fund management groups reassessing their business models in light of Brexit?” was the central question at ALFI’s recent Leading Edge conference on the potential implications of the UK’s planned withdrawal from the European Union.
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.
On 24 October 2016, ALFI responded to the EU Commission consultation “Review of the EU macro-prudential framework”.
ALFI response to IOSCO Consultation Report on Good Practices for the Termination of Investment Funds- ALFI statements
On 17 October 2016, ALFI responded to the IOSCO Consultation Report on Good Practices for the Termination of Investment Funds. Topics addressed in this paper are among other the disclosure at time of investment and treatment of “non contactable investors”, the need for a termination plan and the communication to investors throughout the termination process.