Association of the Luxembourg Fund Industry

The Association of the Luxembourg Fund Industry (ALFI) represents the face and voice of the Luxembourg asset management and investment fund community, championing sustainable investing, mainstream and private assets. ALFI’s mission is to promote Luxembourg as the world’s leading cross-border investment fund centre, facilitate the transition towards more sustainable economies globally and empower investors to meet their goals. Created in 1988, the Association represents over 1,500 Luxembourg domiciled investment funds, asset management companies and a wide range of service providers such as depositary banks, fund administrators, transfer agents, distributors, law firms, consultants, tax experts, auditors and accountants, specialist IT providers and communication companies. ALFI is an active member of EFAMA, the European Fund and Asset Management Association,[2] the European Federation for Retirement and IIFA, the International Investment Funds Association.

Association of the Luxembourg Fund Industry
AbbreviationALFI
Formation1988 (1988)
Legal statusNon-profit organisation
PurposeFund management in Luxembourg
Location
Membership
1500 members (2022)[1]
Chairman
Corinne Lamesch
Websitewww.alfi.lu

The Luxembourg fund industry is the largest fund domicile in Europe and a worldwide leader in cross-border distribution of funds. Luxembourg-domiciled investment structures are distributed on a global basis in more than 70 countries with a particular focus on Europe, Asia, Latin America and the Middle East.

ALFI actively promotes the Luxembourg investment fund industry, its products and its services. It represents the sector in financial and in economic missions organised by the Luxembourg government around the world and takes an active part in meetings of the global fund industry.

Membership

ALFI has three types of membership: full members “(i.e. “fund” members and “non-fund” members)), individual members and associate members.

Eligible investment funds are Undertakings for Collective Investment (UCI) and other regulated investment vehicles. Eligible fund service providers include but are not limited to companies such as custodian banks, fund administrators and managers, transfer agents, distributors, legal firms, consultants, tax offices, auditors and accountants, IT providers and communication companies.

Associate membership is also available to foreign entities provided that they offer services to members.

Learn more about the ALFI membership: https://www.alfi.lu/en-gb/pages/our-members

Ambition 2025

In June 2020, ALFI defined its 5-year ambitions.

Our ambition is to empower investors in their financial journey to allow them to meet their life goals. We aim to achieve this by driving innovation and change in the asset management industry in alignment with the evolving needs of investors and our society. We will do this by accompanying investors along each of the stepping stones in their journey to financial success. To be future-ready, investors need pensions and savings products with built-in sustainability features, a recognised brand name, a reputable product and a wealth of online possibilities.

We have therefore defined our objectives as follows:

   To lead the development of innovative cross-border savings and pensions products
   To create a framework that helps sustainable products flourish
   To extend the global reach of UCITS as a multi-purpose solution
   To broaden access to alternative investments
   To drive innovation and the digital transformation of the Luxembourg funds industry


Chairman of the board

Pierre Vansteenkiste1988 to 1992
Patrick Zurstrassen1992 to 1995
Rafik Fischer1998 to 2001
Guy Legrand2001 to 2003
Thomas Seale2003 to 2007
Claude Kremer2007 to 2011
Marc Saluzzi2011 to 2015
Denise Voss2015 to 2019
Corinne Lameschfrom 2019


References

  1. "ALFI member company directory". Retrieved May 15, 2018.
  2. "EFAMA list of members". Archived from the original on December 26, 2008. Retrieved August 24, 2009.
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