EFAMA: Continent sees resurgence in assets under management
Some 26% of investment funds were domiciled in Luxembourg, with the next-popular nation being Ireland
Some 26% of investment funds were domiciled in Luxembourg, with the next-popular nation being Ireland
US allocations double in a decade while passive ‘steadily’ gains market share
Trade body EFAMA welcomes move but adds ‘much still needs to be discussed and clarified’
Report highlights ‘pivotal role’ of fund distribution channels that offer guidance, support and advisory services
New statistics from the European Fund and Asset Management Association (EFAMA) indicate net assets within Europe saw a shallower decline than those in the US over the third quarter of last year. Figures released as part of the trade body’s International Quarterly Statistics show that, while net assets within Europe fell 0.6% compared with Q2…
Industry body EFAMA has responded to the European Commission’s (EC) Retail Investment Package first proposed in May this year. The European Fund and Asset Management Association lists what it calls a number of “positive elements”, along with ones that the association says need to be reconsidered. The changes were proposed earlier this year and were…
EFAMA and other trade bodies call for ‘active account requirement’ to be scrapped
The European Fund and Asset Management Association (EFAMA) has come out swinging at the European Union’s Retail Investment Strategy (RIS). A statement from EFAMA – produced in conjunction with trade bodies the Association of Mutual Insurers and Insurance Cooperatives in Europe, the European Association of Co-Operative Banks, the European Association of Public Banks, the European…
Net assets hit a fresh peak but even this minor victory was tempered
Post covid ‘the importance of this organisation’s work on behalf of industry could not be more pressing’, says new chief executive
Six organisations band together in letter to the European Commission director general
But emphasises the need to consider covid-19 impact while not forgetting SDGs