Corinne Lamesch, deputy CEO at Alfi. Photo: Alfi.
As European regulators reassess what Ucits funds should be allowed to hold, Luxembourg’s fund industry is drawing a clear red line: do not compromise a global brand that already works. The Association of the Luxembourg Fund Industry cautioned that proposals to tighten eligibility rules could push the framework backwards rather than modernise it.
To read this article, you need a subscription to Investment Officer. If you don't have a subscription yet, click on 'Subscribe' to see the various subscription options.