Minister Pierre Gramegna at the European Funds Trophy; Credit: MFIN

On Thursday 8 March 2018, Luxembourg's Minister of Finance, Pierre Gramegna, chaired, for the second time since 2016, the "European Funds Trophy" award ceremony, which honours the best funds and management companies in Europe.

In front of an audience of 200 professionals, the Minister welcomed "an exceptional year of growth for the European fund industry". He also stressed the major role of investment funds in financing the European economy, as well as the complementarity of the financial centres of Luxembourg and Paris in this area.

At this 2018 edition, about fifty funds have been awarded. Pierre Gramegna presented the award in the "Best European funds asset management companies" category.​