The appointment of two co-chairs heralds the launch of the first working group linking the investment fund centres in Luxembourg and Singapore.

The Association of the Luxembourg Fund Industry Singapore Working Group, created by the Association of the Luxembourg Fund Industry (ALFI) and SANNE, a global alternative asset outsourcing and corporate administration and reporting services provider, was created with the aim of fostering cooperation and business relations between the investment fund centres in both countries.

Valérie Mantot, director of SANNE, who was formerly Chair of the ALFI Dubai Working Group for more than five years, will be joined by Ching Yng Choi, who has headed the ALFI Asia Representative Office Head for the last six years. 

The official launch of ALFI Singapore Working Group will be held on Thursday 9 March at the ALFI roadshow To Singapore led by Luxembourg Finance Minister, Pierre Gramegna.