To remain competitive and at the forefront of innovation, Europe must be open to cross-border flows of knowledge, ideas, capital and investment. The benefit in doing so ultimately accrues to European citizens and businesses.
Europe rightly strives for high regulatory standards. That said, EFAMA strongly believes our rules need to be well calibrated, so Europe can partake in global competition on a level playing field. Our policy work consistently advocates for a dynamic regulatory environment, which enables European financial markets to remain globally competitive.
EFAMA's feedback on the EU Commission's consultation on the Capital Markets Union High Level Forum Final Report
EFAMA's Director General Tanguy van de WERVE will speak at the Financial Times's Future of Asset Management Summit on 28 May this year.
He will take part in the panel addressing the question 'How are asset managers preparing for the pace of regulatory change?'.
More details will be made available here: Agenda - Future of Asset Management 2021 (ft.com)
We are thrilled to announce that APG Asset Management, one of the world’s largest pension investors, and Simmons & Simmons, a top international law firm with renowned investment management expertise, have joined EFAMA.
The EFAMA Board approved their respective memberships on 24 March 2021.
Please join us in welcoming them to the EFAMA community!
The European Fund and Asset Management Association (EFAMA) has today published its latest monthly Investment Fund Industry Fact Sheet, which provides net sales data of UCITS and AIFs for January 2021.
Bernard Delbecque, Senior Director for Economics and Research commented: “For the third consecutive month, net inflows into UCITS equity funds exceeded EUR 50 billion, a level that had never been reached before November 2020. This exceptional outcome can be traced to the arrival of the first COVID-19 vaccines, which restored investor optimism about future growth prospects.”
"It gives me great pleasure to provide you with an overview of our activities since our Annual General Meeting in Paris last year. While we were very much looking forward to hosting you all in Brussels this week, the current crisis and associated travel restrictions has forced us to improvise and turn our meeting into a virtual AGM.
EFAMA Market Insights | Issue #1 | Net outflows from UCITS in March 2020 - Industry weathers Covid-19 crisis
The Covid-19 pandemic significantly impacted financial markets. Stock markets across the world suffered a steep decline driven by lower economic growth and corporate profits. As anticipated, the crisis caused substantial net outflows from UCITS in March (EUR 313 billion). However, as a percentage of net assets, these outflows were no higher than in October 2008, at the height of the global financial crisis (2.9%).
The EFAMA Asset Management in Europe report aims at providing facts and figures to gain a better understanding of the role of the European asset management industry. It takes a different approach from that of the other EFAMA research reports, on two grounds. Firstly, this report does not focus exclusively on investment funds, but it also analyses the assets that are managed by asset managers under the form of discretionary mandates. Secondly, the report focuses on the countries where the investment fund assets are managed rather than on the countries in which the funds are domiciled.