4 Oct 2021 | Press Releases
The Association of the Luxembourg Fund Industry (ALFI) announced today the renewal of its human and financial support for the “Fit for Life” awareness-raising financial education programme in schools across the Grand Duchy, led by Jonk Entrepreneuren Luxembourg. ALFI will actively devote resources until October 2023.
Corinne Lamesch, Chairperson of ALFI comments: “Three years ago, ALFI declared its commitment to work alongside stakeholders in Luxembourg to enable citizens, and in particular young students, to better understand and manage personal finances. As a result, ALFI organised informative sessions for its members, 166 people volunteered to take part in the initiative and 30 of them made an intervention with a high school or got involved as a coach. Based on this positive experience, we are pleased to continue the series of informative sessions and renew our financial support to the association until 2023.”
Stéphanie Damgé, Director of Jonk Entrepreneuren Luxembourg says: “We were pleased to see that industry professionals at the level of ALFI membership are willing to contribute their time and expertise in a well-established local project that helps to advance the cause of financial literacy in Luxembourg. Financial education plays an essential role in preparing young people to lead independent lives, choosing a career that suits them and carrying out the personal or entrepreneurial projects that are close to their hearts.”
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Notes to editors:
The Association of the Luxembourg Fund Industry (ALFI) represents the face and voice of the Luxembourg asset management and investment fund community, championing mainstream, private assets and sustainable investing. ALFI seeks to promote Luxembourg’s fund sector internationally, and to cultivate for the benefit of its members a collaborative, dynamic and innovative ecosystem underpinned by the most robust regulatory framework. ALFI’s ambition is to empower investors to meet their life goals.
Created in 1988, the Association today represents over 1,500 Luxembourg domiciled investment funds, asset management companies and a wide range of business that serve the sector. These include depositary banks, fund administrators, transfer agents, distributors, legal firms, consultants, tax advisory firms, auditors and accountants, specialised IT and communication companies. Luxembourg is the largest fund domicile in Europe and a worldwide leader in cross-border distribution of funds. Luxembourg domiciled investment funds are distributed in more than 70 countries around the world.
The creation (in 2005) of Jonk Entrepreneuren Luxembourg asbl (a non-profit organisation) is in line with the “National Plan for Innovation and Full Employment”, and with the Lisbon Strategy. The association, which has been under the high patronage of HRH the Hereditary Grand Duke since 2013, brings together representatives from the school and business worlds, was created to perpetuate and boost the “entrepreneurial spirit” movement in Luxembourg’s education system.
Since 2005, more than 100,000 young people have participated in a programme of Jonk Entrepreneuren Luxembourg.
Jonk Entrepreneuren Luxembourg asbl pursues two major objectives:
In order to achieve these objectives, the association wants to teach and raise awareness among young people about the world of economy and entrepreneurship and to introduce them to it by using projects organised at each level of Luxembourg’s education system (basic, secondary, post-secondary); to strengthen the links between the world of education and the world of business, as well as to develop and enhance an “entrepreneurial culture” in Luxembourg.
For more information please refer to www.jel.lu
 “Fit for Life” is an educational programme for students aged 14 to 16, in secondary school. It has been implemented in Luxembourg since 2008 and consists of six units exploring students’ personal finance, educational and career options based on their qualifications, interests and values.