Following in the footsteps of the European Parliament earlier this month, the Council of the EU has now finalised the legislative process by adopting the Corporate Sustainability Reporting Directive (CSRD), a move which is very much welcomed by EFAMA. This comes days after the first set of European Sustainability Reporting Standards (ESRS), which give life to the double materiality principle established by the CSRD, were finalised by EFRAG and submitted to the European Commission for adoption.
Asset Management in Europe
EFAMA's 16th edition of its ‘Asset Management in Europe’ report provides an in-depth analysis of recent trends in the European asset management industry. It highlights the growth of retail and passive investing, and how asset managers finance the European economy. In addition to data on assets under management in investment funds and discretionary mandates, industry clients, asset allocation and industry organisation, this report addresses key industry questions, including:
- What are the winning retail strategies for fund managers?
- What opportunities does increasing life expectancy present for asset managers?
- How strong is the demand from European insurers for private assets strategies?
- What approaches do asset managers take when investing in private markets?
