This article was first published in the 23rd edition of the Fact Book on 24 June 2025.
This article was first published in the 23rd edition of the Fact Book on 24 June 2025.
This article was first published in the 23rd edition of the Fact Book on 24 June 2025.
This article was first published in the 23rd edition of the Fact Book on 24 June 2025.
Towards a successful Savings and Investments Union
This article was first published in the 23rd edition of the Fact Book on 24 June 2025.
This article was first published in the 23rd edition of the Fact Book on 24 June 2025.
This article was first published in the 23rd edition of the Fact Book on 24 June 2025.
Given the emphasis on costs and value for money for European investors, we have examined whether lower fees consistently translate into better net performance. Our analysis shows that this is not always the case; less-expensive funds do not necessarily deliver the highest returns, and in some instances, higher-cost funds outperform.
This article was first published in the 23rd edition of the Fact Book on 24 June 2025.
This article was first published in the 23rd edition of the Fact Book on 24 June 2025.
EFAMA welcomes the opportunity to comment on the Revised Discussion Draft "BEPS Action 6: Prevent Treaty Abuse" issued on 22 May 2015.
We appreciate the opportunity to respond to this important consultation and remain gladly at the disposal of the European Commission staff to elaborate on any of our responses.
Supervisory convergence is a core element of the Single Market and integral to removing barriers to cross-border provision of financial services. It is not enough to have a common rule book, but also the reading of those rules by supervisors and supervisory practices should converge to ensure the Single Market is not hampered by diverging interpretations and gold-plating of EU rules.
• EFAMA reiterates the European asset management industry’s strong support for the CMU project in all its dimensions. We welcome the range of initiatives, from the overarching aim of rebuilding confidence in financial markets by putting investors’ interests at the heart of the project, to the promotion of market-based financing of the economy, the development of a PEPP or the development of a comprehensive strategy on sustainable finance.

Discover the 6 reasons why your organisation should become a member of EFAMA.
Our members enjoy significant benefits including the opportunity to shape the industry positions, get first-hand access to regulatory and political intelligence, engage with industry peers and policymakers, and take part in EFAMA events.
Our three membership categories cater to the wide range of organisations that make up and support the investment management industry in Europe.