Cross-border funds order volume rises 5.4% in 1H
New report suggests ever-increasing parts of funds business are adopting an automated approach to funds transfers
ANNOUNCEMENT: Expert Investor is now PA Europe. Read more.
New report suggests ever-increasing parts of funds business are adopting an automated approach to funds transfers
The association has appointed Tanguy van de Werve after Peter De Proft stepped down from the role after 11 years
Investor demand for equity funds sees Ucits sales hit at an all-time high in January.
Demand for hedge funds is said to be in decline with investors because of their high fees, opaque nature and poor recent performance. But figures released by the European Fund & Asset Management Association (Efama) suggest that’s not the case in Europe.
The European Commission has said it is considering a delay of up to a year to the initiation of the second iteration of the Markets in Financial Instruments Directive. The European Fund and Asset Management Association (Efama) had recently been calling for such a delay.
National legislators and regulators will all implement the MiFID II directive differently. Since this creates complications for international asset managers, the European Fund and Asset Management Association (Efama) wants an extension of the deadline for full implementation of MiFiD II, which is currently set at January 2017.
Net sales of European investment funds reached an all-time high of 601bn in 2014 with UCITS sales almost doubling, a report revealed today.
MiFID implementation goes ahead way too fast, says the European Fund and Asset Management Association’s president Peter De Proft.
Net sales of UCITS bond funds nearly doubled in February, according to EFAMA.
The European Fund and Asset Management Association has proposed a European personal pension product which could be distributed across borders
BNP Paribas Asset Management CEO Christian Dargnat has succeeded Claude Kremer as president of EFAMA.