LuxFLAG, the Luxembourg Fund labelling agency, has announced that Parvest Aqua has been granted the use of the LuxFLAG Environment Label for the first time.
LuxFLAG has also renewed the Environment label for the following six Environment Investment Funds (EIV) as of December 2015:
1. BNP Parisbas Aqua
2. BNP Parsbas Aqua L1 Equity World Aqua
3. Green for Growth Fund for Southeast Europe
4. Parvest Environmental Opportunities
5. Parvest Global Evnironment
6. Parvest Green Tigers
In addition, LuxFLAG renewed the Microfinance label for the following two Microfinance Investment Vehicles (MIV) as of December 2015:
1. Blue Orchard Microfinance Fund (BOMF)
2. Microfinance Initiative for Asia (MIFA)
The last dates for the submission of applications for the next review sessions are on 27 January 2016.
LuxFLAG aims to promote the raising of capital for Responsible Investment sectors by awarding a recognisable label to investment funds. Its objective is to reassure investors that the applicant investment fund invests, directly or indirectly, in the responsible investment sector.
