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.
EFAMA's 'Asset Management in Europe' report provides an in-depth analysis of recent trends, focusing on where investment funds and discretionary mandates are managed in Europe.
The latest edition (December 2023) highlights the role of asset managers in serving the needs of investors, funding European companies, and helping the transition to a greener economy. It includes data on assets under management in investment funds and discretionary mandates, industry clients, asset allocation and SFDR Article 8 & 9 funds.