The Association of the Luxembourg Fund Industry (ALFI) is fully committed and supportive of the European Commission's (EC) Green Deal which aims to channel private investment in the transition to a climate-neutral, climate-resilient, resource-efficient and just economy, as a complement to public money.
Today, the investment fund and asset management industry in Europe is in the final run-up to the first major deadline in the implementation of the EC's plan on financing sustainable growth. SFDR comes first By 10 March, investment funds and asset managers must comply with the main provisions of the Sustainable Finance Disclosure Regulation (SFDR). All investment funds - in fact, all financial products (such as pension funds, insurance products and managed portfolios) offered to retail and institutional investors - will be required to embrace sustainability in some form or another....
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