Annual Report 2020/2021
WHO WE ARE
Established in 1988, 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.
Our mission is to lead industry efforts to make Luxembourg the most attractive investment fund centre.
ACHIEVING OUR STRATEGIC PRIORITIES
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.
OUR MEMBERS
ALFI today represents 1,500 companies covering 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.
STATE OF THE INDUSTRY
Total net assets in Luxembourg investment funds hit EUR 5 trillion mark
Robust growth in Luxembourg alternative investment funds
Conventional vs. Sustainable investment funds in Europe
HELPING MEMBERS CAPITALISE ON INDUSTRY TRENDS
ALFI gives its members an unparalleled access to the Luxembourg investment fund community. ALFI’s many technical committees and working groups constantly review and analyse developments worldwide, as well as legal and regulatory changes in Luxembourg, the EU and beyond, to identify threats and opportunities for the Luxembourg fund industry.
Involvement: technical committees
Information: Access to exclusive content
Connection and visibility: Events
Shaping regulation
An up-to-date, innovative legal and fiscal environment is critical to defend and improve Luxembourg’s competitive position as a centre for the domiciliation, administration and distribution of investment funds. Strong relationships with regulatory authorities, the government and the legislative body enable ALFI to make an effective contribution to decision making through relevant input for changes to the regulatory framework, implementation of European directives and regulation of new products or services.
ALFI is recognised and valued by policymakers in Europe and the main distribution markets. ALFI provides important industry feedback through consultations, and engages in constructive dialogue with policy makers in name of its members.
Download the ALFI annual report
Fostering dedication to professional standards, integrity and quality
Investor trust is essential for success in collective investment services and ALFI thus does all it can to promote high professional standards, quality products and services, and integrity. Action in this area includes organising training at all levels, defining codes of conduct, transparency and good corporate governance, and supporting initiatives to combat money laundering.
Promoting the Luxembourg fund industry
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. ALFI is an active member of the European Fund and Asset Management Association, of the European Federation for Retirement and of the International Investment Funds Association.
