The new European Commission is under pressure to act quickly and decisively and are moving full steam ahead with their policy priorities in 2025.
We can expect numerous new regulatory proposals in areas of importance for asset managers, including simplification, boosting competitiveness, financial stability and a new Savings & Investment Union proposal.
The focus on competitiveness and regulatory simplicity is definitely a step in the right direction after many years of ballooning regulatory complexity.
Robust demand for long-term funds in October
EFAMA has published its latest Monthly Statistical Release for October 2024.
Thomas Tilley, Senior Economist at EFAMA, commented: “2024 is shaping up to be another record-breaking year for ETFs, with almost EUR 200 billion in net sales over the first ten months of the year.”
Industry sector matters when comparing the performance of active vs. passive equity UCITS
EFAMA has published today the latest edition of its Market Insights series, titled “The sectoral performance of active and passive UCITS - is a simple measure enough?”. This publication compares the net performance of different categories of equity UCITS funds over the last ten years (2014-2023).
Stronger demand for both equity and money market funds in Q3 2024
EFAMA has published its latest International Quarterly Statistical Release for Q3 2024.
Foreword by EFAMA President
This article was first published in the 2024 Asset Management Report on 12 December 2024.
I am delighted to present the 16th edition of EFAMA’s Asset Management Report, which offers a comprehensive analysis of the current state and recent trends in the European asset management industry.
European asset managers on course to manage €33 trillion in 2024
New report highlights growth of retail and passive investing, and how asset managers finance the European economy
EFAMA has today published the 16th edition of its Asset Management in Europe report, which provides in-depth analysis of recent trends in the European asset management industry.
Key findings of the report include:
Asset Management in Europe: New report highlights growth of retail and passive investing, and how asset managers finance the European economy
This is the 16th edition of our ‘Asset Management in Europe’ report. The report provides an in-depth analysis of recent trends in the European asset management industry.
Some of the main findings include:
Financial Data Sharing (FiDA): Finding a sound approach for an effective Open Finance Framework
As the European Parliament adopted its position and the Council reached its General Approach, the Association for Financial Markets in Europe (AFME), the European Association of Co-operative Banks (EACB), the European Banking Federation (EBF), the European Fund and Asset Management Association (EFAMA), the European Savings and Retail Banking Group (ESBG), and Insurance Europe call on the co-legislators to deliver on commitments to boost European competitiveness and to avoid concluding the Financial Data Access (FiDA) Regulation before a thorough a
Slower long-term fund inflows and strong demand for money market funds in Q3 2024
EFAMA has today published its European Quarterly Statistical Release for Q3 of 2024.
Thomas Tilley, Senior Economist at EFAMA, commented: “Net inflows into long-term funds slowed during the third quarter of 2024, while money market funds attracted strong net sales. In times of market volatility, MMFs often serve as a ‘safe haven’ investment option for investors.”
EC Targeted consultation on the functioning of the EU securitisation framework
The EU Securitisation Regulation, which aimed to enhance transparency and strengthen trust, is undergoing a very timely review. EFAMA supports the European Commission’s initiative to engage stakeholders in shaping key improvements to this critical framework.
Notable outflows from long-term UCITS in September
EFAMA has published its latest Monthly Statistical Release for September 2024.
Retail Investment Strategy - Joint Statement: Finance sector calls for co-legislators to reassess the RIS in light of the European Commission's competitiveness goals
The undersigned associations welcome the new European Commission’s objectives to boost the EU’s competitiveness, focus on the enforcement of existing legislation and simplify regulatory frameworks. We appreciate that this was also echoed by the Commissioner-Designate Maria Luis Albuquerque during her confirmation hearing in the European Parliament.