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ALFI appoints Denise Voss as chairman, outlines 4-year plan

17 Jun 15

The Association of the Luxembourg Fund Industry (ALFI) has appointed Denise Voss of Franklin Templeton Investments as its chairman with immediate effect.

The Association of the Luxembourg Fund Industry (ALFI) has appointed Denise Voss of Franklin Templeton Investments as its chairman with immediate effect.

Voss, who appointment runs for an initial two-year period, replaces Marc Saluzzi who had held the position since 2011. Voss had been vice chairman for International Affairs of ALFI and has been a member of the ALFI board of directors since 2007.

“The asset management industry in Europe has gone through dramatic change over the past few years, with extensive regulation that has been put in place following the crisis,” Voss said.

She said, going forward the industry faced different challenges. For instance, from the greying of the population and from more individuals becoming responsible for funding their own retirement. 

There was also the growth of digital technology, which means that buying habits are changing dramatically, as well as shifts in the asset management industry itself.

“It’s important that, as an industry, we anticipate and address these shifts if we are to continue to serve the interests of investors and the economy,” Voss said.

“To underpin this, we are committed to strengthening Luxembourg’s position as the international fund centre of reference, recognized as open, reliable and innovative by investors, policymakers and industry alike.”

Five objectives

In order to achieve its ambition, ALFI has set itself five key objectives for the next four years:

        – Promote practices that align the interests of investors and industry by helping asset managers ensure that their practices, products and services match their clients’ needs in an era of global, digital distribution;

        – Articulate the essential role of investment funds for the global economy by demonstrating how funds help resolve long-term issues of funding pensions, financing innovation and infrastructure, and contribute to growth;

 

Pages: Page 1, Page 2

Tags: ALFI | Bonds | Franklin Templeton | UCITS

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