The great and the good of the Luxembourg funds industry gathered at Bar Gloss on Avenue John F. Kennedy on 29th June for a bit of a knees up and a few litres of beer to celebrate the 1 year anniversary of the opening of Calastone's Luxembourg office.
We are now live with 36 cross-border fund groups and the number is growing by approximately 1 per week. Distributors in the UK and continental Europe can send fund instructions to all these groups at zero cost.
And now to the party: according to Wikipedia, Luxembourg has the highest worldwide per capita consumption of alcohol; an average of three beers a day for every man, woman, and child. I'd say this was a gross under-estimation based on what I saw last Wednesday.!
Apparently, this high consumption can partially be attributed to cross-border shoppers from Belgium and France purchasing lower priced alcohol, but I prefer the headline-grabbing sensationalism of the original story...
Anyway, thank you to everyone who came along to help us celebrate our first birthday in Luxembourg and thank you to Sebastien, Joel and Nenad for laying on such a great party. Pictures below:






