The meeting of the Industry's Association of Funds of Luxembourg (ALFI) gathered to more than 200 national and international experts with the gaze in the new agenda of investment
The meeting put the focus in the main trends in the Luxembourg ecosystem and its increasing one attractive for the Spanish managers: deprive you markets, private debt, internationalisation and growth of the ETFs assets
From 2025, Cecabank provides securities services in Luxembourg, where accompanies to managers in its cross-border operations. Similarly, its condition of first guard B2B in Spain with licence MiCA it places at an advantageous position to operate also on the market Luxembourg
Cecabank took in yesterday in its headquarters from Madrid a new edition of the roadshow of the Industry's Association of Funds of Luxembourg (ALFI), a referring meeting for the international community of investment funds. The meeting gathered to professionals of the ecosystem Spanish and Luxembourg to analyse the sector trends and explore new opportunities of collaboration.
ALFI, company that represents to the industry of funds of Luxembourg, organises these roadshows in the main financial centres of the world in order to bring closer to every market the regulatory novelties, operations and of business of the Grand Duchy, as well as of strengthening the relationship with its international members.
The relevance of these meetings leans on the central role of Luxembourg in the overall industry of investment funds. The country is the great funds address in Europe and the second one to worldwide level, in addition to be an international performance benchmark in the cross-border distribution of funds. Its solid financial infrastructure, together with an ecosystem that integrates managers of assets, depositaries, suppliers of specialised and authorities services supervisors, has consolidated to the Grand Duchy as a leading centre for the development of solutions of innovative and sustainable investment.
In this context, Cecabank carries out a key role as bank guard of reference in services of post-contracting in Spain and Portugal —depositaría, record-custody, compensation and liquidación— and recognised by its independence, neutrality and deep understanding technician. From 2025, the bank also offers securities services in Luxembourg, strengthening thus its international presence. From its implementation in the square Luxembourg, Cecabank accompanies to Spanish and international managers in the operations of cross-border vehicles —tanto UCITS as alternativos—, integrating its skills with the operational standards and of government specific to the local market. Similarly, is had become the first bank guard B2B in Spain in providing services for digital assets in accordance with MiCA, contributing a proposal unique in a regulated environment, reliable and with the over-collateralisation, which in turn him positions in an advantageous way to operate on the market Luxembourg, where this regulatory framework will have a significant impact.
Deprive you markets, private debt and ETF, new opportunities for Spanish managers in Luxembourg
The meeting, structured in several thematic sessions, allowed the attendees know first-hand the operational and regulatory latest trends of the ecosystem Luxembourg, as well as more relevant use cases for the Spanish managers interested in diversify its offer, optimise its operations and internationally escalate.
The institutional welcome was the responsibility of Jean Marc Goy, chairman of ALFI, who emphasised: “Spain is still a market key for the direct billing funds in Luxembourg, a reflection of the deep confidence and cooperation between our two financial centres. In ALFI, we want ensure us of that the toolbox Luxembourg —desde the UCITS consolidated until the most recent developments, between them in deprive you assets, ELTIFs and assets digitales— continues promoting to the Spanish managers in its access to overall investors. This roadshow in Cecabank offers an essential platform to show the excellence of our jurisdiction and tackle the evolution of the regulatory framework. So much via the sustainable finances as of the digital transformation of the operations of funds, our objectives are still clear: give the stability and knowledge necessary to turn challenges of the industry in opportunities of growth”.
Subsequently, Brenda Bol, director of the branch of Cecabank in Luxembourg, completed the official opening of the meeting and drove the event. During its intervention, Brenda Bol highlighted: “Luxembourg has been consolidated as a strategic frame for the Spanish managers, not only for the depth of its market, but instead for the skills that offers to promote projects with international ambition. From Cecabank work so that our managers client have to its side a skilled member, independent and aimed at contribute solutions, able to accompany them in the development of projects with real scale and security”, to which it added: “This meeting highlights the strength of the collaboration between both squares and the broad potential that continues opening for the industry”.
After the institutional interventions, were celebrated four panels with experts of first level that deepened in the main trends that they are driving the evolution of the ecosystem of Luxembourg funds and its increasing one attractive for the Spanish managers.
The analysis of the private markets highlighted how the expansion of the Luxembourg vehicles is generating new opportunities in the capture of capital and in the structuring of strategies of investment in private assets with regional and overall extent. Similarly, the increasing interest was tackled for the private debt, tackling the mechanisms that they allow a more efficient and aligned access with the needs of corporate investors.
The conversation moved forward towards the role of Luxembourg as a strategic platform for the internationalisation of the managers, offering a solid regulatory framework and overall service channels of distribution to access Europe-wide investors.
To finish, the meeting concluded with an analysis of the potential for growth of the ETF assets, a sector in full expansion that combines the search of alpha with the liquidity intraday specific to this vehicle.
The event, celebrated of way in person in the headquarters of Cecabank in Madrid, has gathered to around 200 attendees from more than 150 companies and it has had the share of representatives of ALFI, Maples and Calder, Portobello Pivotal Management, Bestinver, Stoneshield Capital, Elvinger Hoss Prussen, EY, Pictet Asset Management, Linklaters, AllFunds Bank, Alaluz Capital, Mutuactivos, Arendt & Medernach, BNP Paribas, Adepa Asset Management and Cecabank, strengthening its position as a key meeting point between the Spanish and international industry.
