Catch up on highlights, regulatory news, new publications and much more

Welcome to the ALFI fund industry community.

 

You are receiving this communication as you have shown interest in some way in the Luxembourg fund industry. Whether it was from participating in one of our events or registering your contact information for updates, you have taken a large step forward in your professional growth. As an ALFI member, you can benefit from even more content. For more information, visit our website.

Latest statistics as at end of February 2022
  • At the end of february 2022, net assets stood at EUR 5,545 bn;
  • The increase over the last 12 months amounted to EUR 454.274 bn or 8.92%.
  • Net sales stood at EUR -19.733 bn.

Information provided by the CSSF.

Regulatory news
  • On 4 March 2022, ALFI responded to ESMA’s call for evidence on the DLT Pilot Regime;
  • On 11 March 2022, ALFI responded to the European Securities and Markets Authority (ESMA) call for evidence on market characteristics for ESG rating providers in the EU;
  • On 17 March 2022, ALFI responded to IOSCO’s consultation on measures to address risks arising from digitalisation of retail marketing and distribution providing feedbacks on the measures proposed;
  • On 22 March 2022 ALFI responded to the EU Commission on the consultation on the review of the central clearing framework;
  • On 6 April 2022, ALFI commented on the proposed Council Directive laying down rules to prevent the misuse of shell entities for tax purposes and amending Directive 2011/16/EU (the "Unshell Directive") as it has been uploaded on the EC website. 

Visit the ALFI website for more statements and press releases

ALFI members volunteer for Woch vun de Suen

During the week of 21-25 March 2022, ALFI joined forces with the ABBL Foundation to contribute the Global Money Week or Woch vun de Suen, a well-established project supported by the Ministry of Education, Children and Youth. Members of ABBL, ALFI, as well as employees of the CSSF delivered informal training sessions to young pupils of 10 to 12 years old in 57 schools of Luxembourg. We are grateful to all the participants for their engagement in advancing the cause of financial education. For more details, you can read the press release issued ahead of the event.

 

ALFI contributes to EFAMA Report on investor education initiatives

On 24 March 2022, EFAMA published the second edition of the report  “The European Asset Management Industry’s Engagement in Financial Education Initiatives” to which ALFI has contributed. Prefaced by EU Commissioner Mairead McGuinness, the document includes guidelines for investor education projects and presents initiatives undertaken by national associations or corporates across Europe.

ALFI considerations and Q&A on marketing and distribution

In March 2022, ALFI published two documents concerning marketing and distribution drafted by members of the ALFI Management Company Technical Committee.

The ALFI considerations on marketing and distribution present the working group’s interpretation and understanding of the roles and responsibilities of investment fund managers (IFMs) in relation to the marketing and distribution of the investment funds that they manage. The Q&A document contains members' answers to questions raised by industry participants. Both documents are reserved to the membership of ALFI and may be updated in the future as needed.

The ALFI European Asset Management Conference 2022 was held last week. It was a true pleasure for us to meet and connect with more than 600 participants. View pictures from the event and feel free to download and share them with your social network using #ALFIEAM22.

The post-conference report covering in detail the most important take-aways is now published on ALFI's event website. Check it out and have a nice reading.

ALFI in the press
Press coverage following the #ALFIEAM22
Upcoming events

Mark your calendars with interesting ALFI events.

21 April 2022

2 May 2022

19 May 2022

25 May 2022

2 June 2022

16 June 2022

🎥 Latest video

Despite the global Covid-19 pandemic, the Luxembourg real estate fund industry saw assets under management increase by almost 15% over the last twelve months, compared to last year’s 11% growth, bringing total assets under management to 104.4 billion euro. The number of vehicles surveyed has grown by 69, bringing the total to 518. View the video.

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Job offers

Are you looking for a job? ALFI members continuously post open job positions for a wide range of different roles. We invite you to scroll through the list and find a job that you think fits best.

Membership corner

Join the ALFI community and take advantage of the full range of offers and resources we provide, such as access to our job market, industry statistics, members-only documents (guidelines, FAQs, best practices...), sponsorship opportunities and much more. 

 

Not an ALFI member yet? Apply for your membership today.

 

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ALFI, Association of the Luxembourg Fund Industry

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