Roles and responsibilities


Roles and responsibilities

In the context of setting up, distributing and managing an investment fund there are various areas of specialisation and competence, which are explain...

Distribution, sales and marketing

Investment funds are typically offered to investors through banks, independent financial advisors and life assurance companies. They can also be distr...

Portfolio and risk management

Fund managers decide how to construct a portfolio of assets that will achieve the fund’s particular investment objectives. The portfolio of underlyi...

Administration

Administration staff are responsible for all the processing that is done in the ‘back office’. Their functions include calculation of the Net Asse...

Oversight and regulation

The custodian bank is a service provider to the fund but also performs important oversight and monitoring functions. The investment fund’s annual au...

Industry organisations

ALFI is the umbrella organisation for the fund industry in Luxembourg, representing the interests of investment funds and many other types of companie...