Fragmented European market stymies fund distribution
Fragmented European market stymies fund distribution
​​​​​​​Ambitions to build on Luxembourg’s global hub status for investment funds to make this country a global fund distribution centre are being held back by differing national approaches on regulations as well as prudential rules, despite efforts to harmonise European legislation and the EU’s cross-border fund framework.
The young investors panel at the ALFI 2022 Global Distribution Conference. Photo: Mike Gordon.
Tempted by dark currents, young investors are cautious
Young investors are seen as a bit of a wild card by the investment industry. But look closely and it’s obvious that many young investors are fundamentally cautious due to their financial circumstances, while sympathising to a greater or lesser extent with rebellious social media elements intent on taking the financial industry down a notch or two.
Best of the week: NAV errors challenge industry, regulators
We're finishing a productive week at Investment Officer Luxembourg in terms of news stories, with surprisingly strong and growing interest from international readers. Mike Gordon
IO Talks Luxembourg: ALFI's Lamesch on alternatives, ESG
IO Talks podcast: ALFI’s Lamesch on alternatives, ESG
This IO Talks Luxembourg podcast episode with Corrine Lamesch, chair of the Association of the Luxembourg Fund Industry (ALFI), sheds light on the growing popularity
Alfi’s Lamesch tells industry to brace for more greenwashing allegations
‘Complex sustainable finance requires education effort’
The fund management industry can counter reputation risks posed by the increasingly complex regulatory requirements for sustainable investments with a bigger effort to boost investor education, a top executive at the Association of Luxembourg’s Fund Industry, Alfi, said on Tuesday.
Industry reluctant to ask clients for preferences amid ESG complexity
Firms reluctant to discuss sustainability with clients
One month after the EU ordered the investment sector to ask clients for their sustainability preferences, investment firms appear to show limited enthusiasm for complying with the new requirements as complexity around the EU's ESG rules persists and greenwashing fears linger.
A swing at a playgroud. Photo: Rawpixel CC0.
Swing pricing now ‘common practice’ in Luxembourg 
Swing pricing “has become common market practice” in the Luxembourg fund sector to manage liquidity at times of volatility in the market, according to a recent industry survey by the Association of Luxembourg Fund Industry.
Esma's head office in Paris. Photo; Esma.
Five Luxembourg officials named to Esma committees
Five representatives of the financial services sector in Luxembourg have been named as members of working groups and specialist advisory committees of the European Securities
A green maze. Photo by Benjamin Elliott on Unsplash.
‘Lack of taxonomy harmonisation leads to fragmentation’
The sustainable fund market in Luxembourg and other European fund domiciles has continued its strong growth of recent years, but the short-term impact of the
Assets coins stacked. Image Springwater CC BY-ND 4.0
Alfi supports more lenient ‘opt-up’ rules for retail
Luxembourg’s fund industry supports the introduction in new EU retail finance legislation of more lenient 'opt-up’ criteria for retail clients that would give them the