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At its General Annual Meeting held on 20th June 2013, the Luxembourg Fund Labelling Agency (LuxFLAG) witnessed significant developments establishing the basis for future growth.
The number of microfinance labels granted continues to increase. As of 20 June 2013, the LuxFLAG Microfinance Label has been granted to twenty-six Microfinance Investment Vehicles, including now two US domiciled Microfinance Investment Vehicle, representing total assets of approximately USD 3.95 billion. One of the main achievements over the last eighteen months has been the granting of the LuxFLAG Environment Label to nine environment related investment funds, including one French domiciled fund, entities representing total assets of approximately USD 907 million. The Environment Label is...
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