Industry reacts to EU’s Retail Investment Strategy

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 […]

ESMA takes aim at ‘undue costs’ for investors

The European Securities and Markets Authority (ESMA) has set out to clarify the legislation provisions of the UCITS Directive and the AIFMD around ‘undue costs’. The regulator offered its thoughts in this 33-page document, outlining where it sees room for clarification. “ESMA is of the view that, as a first step, the Commission should clarify […]

Nordic regions flex their ESG investment muscles

A Nordic-centred deal worth €2.3bn to generate onshore wind power in Finland has been struck. Danish firm Copenhagen Infrastructure Partners and Finnish company Myrsky Energia have signed a cooperation agreement to build 1,800 MW of wind power in the next decade, according to multiple reports from the region. The construction, it is understood, will take […]

ETFs remain popular in Europe despite drop in inflows

Investor interest in ETFs remains strong despite a slide in net inflows of roughly a third between 2021 and 2022, according to a report from Trackinsight, conducted in association with JP Morgan and State Street. The Global ETF Survey 2023 found more than half (56%) of respondents saying they would increase their exposure to equity-related […]

Renewable energy

Europe ‘must invest $32tn’ to meet net-zero by 2050

Europe will need to invest more than $32tn (€29.6trn) in energy and related technology if it wants to achieve a net-zero economy by 2050, according to forecasts by BloombergNEF. As reported by MERCOM India, the average yearly investment into clean energy supply, electric vehicles, heat pumps and sustainable materials has to treble in the 2020s […]

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