Press releases

Lipper FMI report for ALFI

European Fund Industry could reach assets of Euros 6,800 Billion by 2014, according to new Lipper FMI report for ALFI
Internationalization of investment patterns and fund distribution should support further growth of cross-border funds.

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Luxembourg creates a new label for renewable energy

Luxembourg, Europe's premier hub for cross-border SRI funds, creates a new label for renewable energy.

Based on the success of last year’s event, ALFI, the Association of the Luxembourg fund industry, hosted its second annual SRI (sustainable and responsible investments) conference on 9 February 2010. Gathering more than 150 European experts from a variety of fields, this years’ event comforted ALFI to intensify its efforts in this key area.

For ALFI president Claude Kremer, it is a natural step, consistent with Luxembourg’s responsibility as a financial center: “Luxembourg is Europe’s largest investment fund center and a world-wide leader in cross-border fund distribution. As such, it has a duty towards investors and must pursue its role as laboratory for innovation in the area of responsible investment. Its location at the heart of Europe combined with strong relations with the world’s leading asset managers enable it to identify and spread best practices throughout the financial sector.”