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The Luxembourg Finance Labelling Agency (LuxFLAG) is pleased to announce that 16 funds have been granted the use of the LuxFLAG label, bringing the new total to 354 investment products, with assets under management of over 154 billion Euro, as at 01st July 2021. This represents a growth in labelled products of 74% over the last 12 months.
With the newly issued labels, LuxFLAG expands its reach to one new jurisdiction viz. the Monaco in addition to Belgium, Denmark, Finland, France, Germany, Ireland, Italy, Netherlands, Luxembourg and Spain.
"The asset management industry is determined to play an active role in the sustainable transition of the economy, resulting in the proportion of ESG assets growing every month. Initiatives like LuxFLAG have an...
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