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Annual Report showed strong net inflows of EUR 123.09 bn into Luxembourg funds in 2012
At its Annual General Meeting held on 19th of June 2013, the Association of the Luxembourg Fund Industry (ALFI) elected a new Board of Directors for a period of two years. The new Board of Directors renewed the mandate of Marc Saluzzi as Chairman for two more years. At the AGM, ALFI also presented its Annual Report for the year 2012 and a revised version of the Code of Conduct. The Annual Report revealed that the year was marked by the strong net inflows of EUR 123.09 bn into Luxembourg funds. Luxembourg therewith experienced the strongest net inflows in Europe. Altogether, Luxembourg funds finished the year up 13.70% or EUR 287.31 bn, reaching again a historic high of EUR...
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