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The Luxembourg Finance Labelling Agency (LuxFLAG) is pleased to announce that the Assets under Management (AuM) of its labelled investment products have surpassed the €100 billion mark and stand at €106.2 billion, as at 31 March 2020.
LuxFLAG labels a total of 196 investment products – 123 ESG (Environment, Social, and Governance), 6 Environment, 3 Climate Finance, 33 Microfinance, 21 Green Bonds and 10 Applicant Fund status. These investment products are domiciled in seven jurisdictions viz. Belgium, France, Germany, Ireland, Italy, Luxembourg and the Netherlands and are managed in 16 countries by 84 entities.
Substantial growth in ESG labelling activities
The number of LuxFLAG ESG labelled investment products saw...
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