The Luxembourg Finance Labelling Agency (LuxFLAG) has confirmed that twelve new financial products have been granted the use of a LuxFLAG Label, for a total of 264 labelled investment and insurance products, with €132.18 billion of assets under management in Q3 2024.
The newly labelled financial products are:
- Moorea Fund - SG Credit Millesime 2029
- Preim Care
- SC Proxima Vie
- Tomorrow Private Equity Fund I
- European Student Accommodation Core Fund
- Global Gender Smart Fund (ex MEF) S.A.
- Incofin Climate-Smart Microfinance Fund
The funds which were granted the use of the LuxFLAG Applicant Fund Status are:
- SCOR Real Estate Loans V
- RAISE Impact 2 S.L.P
- Decarbonization Fund II SLP
- Decarbonization Fund II - Luxembourg Feeder SCSp
- Federal Obligations Echéance 2029
These investment and insurance products are domiciled in six jurisdictions: Belgium, Estonia, France, Germany, Ireland, Luxembourg.
LuxFLAG Labels are valid for a period of twelve months and are subject to renewal on expiry.
LuxFLAG is an independent and international non-profit labelling agency which was founded in Luxembourg by seven public and private partners in July 2006. LuxFLAG aims to contribute to sustainable development and promotes transparency by awarding a recognisable label to financial and insurance products. At present, LuxFLAG offers seven different labels which can be broadly classified into two different categories namely Impact Labels (Microfinance, Climate Finance, Environment, Green Bonds) and Transition Labels (ESG, ESG Insurance Product and ESG Discretionary Mandate).
