ALFI has been around since 1988 to represent and serve an industry at the root of European economic growth and innovation. The association today represents 1,500 companies that over time have put together their efforts, knowledge and resources to engage in constructive dialogues with policymakers, advocate for a robust regulatory framework, open new markets for investors, produce guidelines and best practices and expand Luxembourg’s influence and know-how worldwide.

ALFI membership covers the entire value chain of stakeholders servicing asset managers and investment funds. Our members are investment funds, asset management companies, depositary banks, legal and consultancy firms, tax advisory firms, auditors and accountants, specialised IT and communication companies, and more recently, individual members.

In case you are not an ALFI member yet, visit our website and learn more about the benefits.

Types of membership

Full members

The following may be full members, provided that they are established and authorised to carry out their activities in Luxembourg, and regardless of their legal form:

  • Undertakings for collective investment and other investment vehicles;
  • Providers of  services to the Luxembourg collective investment management industry, such as, but not limited to:
    • Banks or credit institutions;
    • Fund and asset management companies, investment managers and investment advisors;
    • Other professionals of the financial sector;
    • Independent auditors;
    • Legal advisors; and
    • Other service providers offering specialised services to the fund and asset management industry.

Individual members

The following may be individual members:

  • Fund industry professionals involved in the fund industry through directorships or advisory/consultant roles, with connectivity to Luxembourg, that meet the below criteria:
    • They are sponsored by two non-related full members (including investment fund members);
    • They are not an employee, partner or owner of an existing or potential full or associate ALFI member with more than one employee;
    • They have no criminal record, significant administrative fine or other sanction from any regulatory agency; and
    • They comply with the ALFI articles of association, rules of procedures and ethical rules of the profession.

An independent non-executive director must meet an additional criterion: at least one of the mandates is with a full or associate ALFI member.

Associate members

The following may be associate members:

  • Fund industry players established abroad, provided that they offer services to full members.

Associate members do not have the right to vote.