Posts Tagged ‘LuxFLAG’

By Matthew Fuchs Microfinance Focus, Dec. 16, 2009: Microfinance investment vehicles (MIVs) remain "largely de-correlated" from other capital markets, a study of by LuxFlag of MIV performance during the economic crisis has found. Despite a slowing down in the pace of investment and increase in cash positions, these MIVs have demonstrated resilience, posting positive though relatively low returns during the global economic crisis. Despite some low performance ... Full story

Microfinance Focus, Oct. 7, 2009: The Luxembourg Fund Labeling Agency (LuxFLAG) has granted its label to a Microfinance Investment Vehicle (MIV) taking the form of a “Société d’Investissement en Capital à Risque” (SICAR): Advans S.A. SICAR. Advans SA is a Venture Capital Investment Company headquartered in Luxembourg. Set up in December 2005 with a share capital of 17.1 million euros ($25.15 million), it aims to build ... Full story