For immediate release
Brussels, 26 November 2020 – The European Fund and Asset Management Association (EFAMA) has published today the 12th edition of its Asset Management Report*. The report aims to provide a unique and comprehensive set of facts and figures on the state of the industry at the end of 2018 but also to highlight the fundamental role of asset managers in the financial system and wider economy.
Tanguy van de Werve, Director General of EFAMA, stated: “This year's edition of EFAMA's Asset Management Report sheds new light on the key role played by the European asset management industry in managing long-term savings and allocating financial resources across industries on behalf of European citizens. In the wake of the global pandemic, and with renewed European ambitions around sustainable finance and the development of the Capital Markets Union, our industry will continue to be a driving force for positive change, economic growth and financial security."
Some of the key findings and observations include:
For media enquiries, please contact: Hume BrophyKerri – Anne Rice (firstname.lastname@example.org)Paul Andrieu (email@example.com) EFAMADaniela Haiduc (Daniela.firstname.lastname@example.org)Note to editors:About the European Fund and Asset Management Association (EFAMA):EFAMA, the voice of the European investment management industry, represents 28 Member Associations, 60 Corporate Members and 24 Associate Members. At the end of Q2 2020, assets managed by European asset managers amounted to an estimated EUR 24.9 trillion. Total net assets of European investment funds reached EUR 17.1 trillion. These assets were managed by almost 34,200 UCITS (Undertakings for Collective Investments in Transferable Securities) and more than 29,100 AIFs (Alternative Investment Funds). More information is available at www.efama.org. Follow EFAMA on Twitter @EFAMANews or LinkedIn @EFAMA for latest updates.