Among the main themes for the Association of the Luxembourg Fund Industry’s (ALFI) European Asset Management Conference are “product, progress, prediction and people”, according to Denise Voss, chairman of ALFI.
In her welcome and introduction speech, Voss reiterated the Capital Markets Union opinion that investment funds have an important role to play to drive growth and jobs moving forward, which she said ALFI welcomes.
Voss commented on other themes of the conference, which will explore fintech, the third pillar of the Pan-EU Personal Pension Product, regulatory outlook and gender diversity in the asset management industry.
Voss also commented that “Brexit’s significance cannot be denied.”
Following on from her speech, Xavier Bettel, the prime minister of Luxembourg, stated: “A lot of people talk about a ‘soft’ or ‘hard Brexit’—I want an ‘intelligent Brexit’.”
He added: “[The UK] cannot have its cake and eat it we have to think about European interest. But we shouldn’t punish London, there is a consistency needed with developing a dialogue and a lasting relationship [with the UK] rather than focusing on short-term results.”
