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Working Committee n°3 - Investment Funds

The Investment Fund committee is a working committee of ILA with the goal to perform studies on best practices in the governance of international investment funds.

Chairman: John M. Parkhouse
Corporate Resources: PricewatershouseCoopers

Members

Institutions / Sociétés

 

Monique Bachner

Bachner Legal
Alan Crutchett Nomura Group
Richard Goddard Independent Director, The Directors’ Office
Graham Goodhew JPMorgan Asset Management Europe
Paul Guillaume  
Jan Jaap Hazenberg ING
Henry Kelly Independent Director, KellyConsult
Bill Lockwood Franklin Templeton, Chair ALFI Dirigeant Forum
José Longrée CITI and chair of ALFI code of conduct committee
Charles Muller ALFI
Martin Vogel Independent Director, The Directors’ Office
Jérôme Wigny Elvinger, Hoss & Prussen

Objectives of the group:

  • Lead development of the governance framework at board level for all regulated Luxembourg funds
  • Provide technical and market support for directors of Luxembourg funds
  • Liaise with respective stakeholders as needed (ALFI, CSSF etc) on behalf of the Luxembourg fund directors community
  • Implement ILA level initiatives within the fund environment as relevant
  • Ensure close interactions with ALFI initiatives

Initiatives:

  • Code of Conduct: ALFI working Group ongoing
  • Frequently Asked Questions: Simple guide to Luxembourg fund directors on key practical issues related to fund governance
  • Membership drive : Amended rates & procedure, Fund-level membership entitling all directors to become members with one application

Events:

  • “Members Only” Event
  • Fund director’s role in valuation
  • Custody responsibilities and implications for fund boards
  • Fund restructuring –what is the role of the fund director?
  • Regulation –mainstream and alternatives
  • EVCA

»26.01.2012: ILA/PwC - Annual Fund Conference - Chambre de Commerce, Luxembourg

The Institut Luxembourgeois des Administrateurs (ILA), the Luxembourg Institute of Directors, in conjunction with PwC Luxembourg is pleased to invite you to our annual conference providing insight and perspectives on recent developments and on the future of fund governance in Europe and in Luxembourg.

Presentations


» 26.10.2011: ILA/the Company Secretary and Investment Fund Committees - Conference: "Board Evaluations" - Novotel Kirchberg, Luxembourg

Already incorporated within the UK Corporate Governance Code, Board Evaluation is increasingly being considered a key event in conducting best practice Corporate Governance. Why is this topical activity attracting the attention of Boards and Corporate Governance practitioners? This conference aims to investigate the benefits and methods of conducting successful Board Evaluations by specialists with first-hand experience in both the corporate and fund industry realms.
This event should prove of interest to both directors and corporate secretarial officers and those responsible for corporate governance activities, especially in relation to Board meeting functioning and support; with opportunities for you to present your thoughts or questions.
The ILA Investment Fund Committee objectives are to lead development of the governance framework at board level for all regulated and non-regulated Luxembourg funds by liaising with respective stakeholders on a proactive basis and providing input to draft laws, EU Green Papers and other consultation documents.
The ILA Company Secretary Group seeks to help the development of the Luxembourg corporate governance framework by assisting those professionals in Board support roles to better support and manage Boards through networking, education and other events.

Presentation & D' Wort Articlepresentation


» 21.06.2011: ILA - "Election de Marie-Jeanne Chèvremont-Lorenzini à la Présidence de l'Institut Luxembourgeois des Administrateurs"

L’Assemblée Générale de ILA s’est réunie le 21 Juin 2011 à la Chambre de Commerce notamment pour procéder à l’élection de nouveaux  membres du conseil à savoir Carole Wintersdorff, Michèle Eisenhuth, Monique Bachner et Thierry Schuman.
Ce nouveau conseil vient d’élire Marie-Jeanne Chèvremont-Lorenzini comme nouveau Président pour un mandat de 2 années. Marie-Jeanne Chèvremont-Lorenzini prend ainsi la  suite de Patrick Zurstrassen qui avait été président de ILA depuis sa création en Avril 2005  jusqu’à ce jour. Sous sa présidence, l’Association a pu se développer et atteindre la taille qu’elle a aujourd’hui (370 Membres) en étant l’association de référence pour les Administrateurs à Luxembourg. ILA est  membre de la Confédération Européenne des Associations d’Administrateurs (ecoDa). Patrick Zurstrassen continuera de représenter les intérêts d’ILA  et du Grand Duché de Luxembourg à Bruxelles au conseil d’ecoDA dont il a été élu Président.

Le  Conseil d’Administration d’ILA se compose de 4 femmes sur 19 membres soit 20 % de présence féminine.

Press release


» 20.06.2011: ILA/Bourse de Luxembourg - Conference: "Stewardship Code in the UK and EFAMA Code of External governance" - Bourse de Luxembourg, Luxembourg

The Institut Luxembourgeois des Administrateurs (ILA), Investment Fund Committee and Listed Companies Committee are pleased to invite you to this event:

Presentation


» 07-08.06.2011: ILA/IFBL/ALFI - Seminar: "Role & Resposabilities of UCI Directors and Administrators" - IFBL, Luxembourg

Although corporate governance is at the centre of most topical debates, members of boards
of directors of companies and collective investment still tend to underestimate the extent of
their legal, regulatory and financial responsibilities.

• How to identify and manage conflicts of interests?
• What are the best governance practices for UCI?
• What are the roles of the service providers of the UCI?
• How to choose the members of a board of directors?
• How to cover liability of directors?

The purpose of this seminar will be to comment on these key issues and to consider possible
lines of actions.

Program


» 15 & 16.11.2010: ILA/ALFI/IFBL: Seminar Roles & Responsabilities of the Directors and Managers of UCI and Other Investment Vehicles - IFBL Luxembourg

Although corporate governance is at the centre of most topical debates, members of boards of directors of undertakings for collective investment still tend to underestimate the extent of their legal, regulatory or financial responsibilities.

How to identify and manage conflicts of interests? What are the best governance practices for UCI? What are the roles of the service providers of the UCI? How to choose the members of a board of directors? How to cover liability of directors?

The purpose of this seminar will be to comment on these key issues and to consider possible lines of action.

Session consisting of 12 hours split over one and a half days:
Monday, 15th November (from 9.00 a.m. to 6.00 p.m.
Tuesday, 16th November (from 9.00 a.m. to 12.30 p.m.

Programme & Registration



Latest News

ILA/PwC - Annual Fund Conference - Chambre de Commerce, Luxembourg
26 January 2012
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ILA Corporate Secretary Committee/ICSA - One-Day Course: "Effective chairing skills" - Luxembourg Stock Exchange, Luxembourg
06 February 2012
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ILA/KPMG - Conference: "Effective Audit Committees" - Chambre de Commerce, Luxembourg
14 December 2011
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ILA/Chambre du Commerce Luxembourg - Training: "Education Day for Directors" - Chambre de Commerce, Luxembourg
28 November 2011
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ILA/the Company Secretary and Investment Fund Committees - Conference: "Board Evaluations" - Chambre de Commerce, Luxembourg
26 October 2011
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ILA/IFE - Conference: "Gouvernance d'entreprise: les nouveaux piliers de la gouvernance" - Novotel Kirchberg, Luxembourg
16 November 2011
More...

 

  
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