ALFI London conference on 23 May 2012 focused on aims to foster the development of the alternative investment fund industry, improvements in UCITS and building responsible investing as third pillar for the investment fund area.
While Luxembourg, like Europe in general, has predominantly built its international reputation in the UCITS area, ALFI regards the new Alternative Investment Fund Managers Directive (AIFMD) as a huge opportunity to also foster the development of the alternative industry. The EU is indeed creating the first regulated environment for alternative investment funds worldwide and ALFI is looking forward to this. In addition to the existing two pillars - UCITS and AIFMD – ALFI fully supports the development of an emerging ‘third pillar’ for the investment funds industry, responsible investing.
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