Fears of rising depositary fees follow Ucits V introduction
The introduction of a new law governing Ucits could lead to an increase in fees charged by depositary banks responsible for holding the funds, industry experts have warned.
ALFI
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ALFI sees Brexit uncertainty but Chinese opportunity
Asset managers with an anchor in Europe most likely won’t be losing too much sleep over the prospect of the UK leaving the EU, but they should still be preparing for the coming uncertainty, says ALFI.
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Luxembourg drafts new law for Reserved AIFs
Luxembourg has published draft legislation on a new alternative fund structure; the Reserved Alternative Investment Fund (RAIF), which is expected to be adopted in the second quarter of 2016.
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Lux stock exchange publishes ‘long overdue’ fund regs guides
The Luxembourg Stock Exchange, in cooperation with the Association of the Luxembourg Fund Industry (ALFI), has published a compendium of Luxembourg laws and regulations on investment funds.
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ALFI appoints Denise Voss as chairman, outlines 4-year plan
The Association of the Luxembourg Fund Industry (ALFI) has appointed Denise Voss of Franklin Templeton Investments as its chairman with immediate effect.
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Value of funds under management in Ireland set to top €2trn
The net value of investment funds domiciled in Ireland is set to top €2trn (£1.45trn, $2.25trn) after a 14% rise of €234bn in the first quarter of 2015, Irish Funds Industry Association chief executive Pat Lardner said.
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Luxembourg on course to offer REITs in 2015
Luxembourg is on track to introduce the regulatory framework to launch Real Estate Investment Trusts (REITs) this year, industry experts predicted after Luxembourg’s Minister of Finance Pierre Gramegna revealed the Government was pushing ahead with the idea.
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Luxembourg assets under management hit
Assets under management of Luxembourg-domiciled funds reached 3.4trn at the end of February after strong net sales in the first two months of 2015, the Association of the Luxembourg Fund Industry (ALFI) announced at its Spring conference.
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RDR mistakes act as warning for MiFID II
The implementation of new distribution regulation in Europe is “fraught with danger”, according to a new report from ALFI, which also heavily criticises the implementation of the Retail Distribution Review in the UK.
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Fund centre Luxembourg not afraid of competition
Luxembourg is confident of its bright future in the face of increasing competition from burgeoning fund centres, said the Association of the Luxembourg Fund Industry (ALFI).
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Luxembourg reaps rewards of cross
Luxembourg has reached a record high of over 3,000bn in assets under management (AuM) following its increased focus on the cross-border distribution of funds.
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alfi survey gives picture of Luxembourg
Real estate investment funds come in about as many shapes and sizes as the entities that comprise the asset class they invest in, but a new survey by the Association of the Luxembourg Fund Industry reveals what the average Luxembourg-domiciled REIF might look like.