EFAMA has published its latest International Quarterly Statistical Release for Q3 2024.

New report highlights growth of retail and passive investing, and how asset managers finance the European economy
 

EFAMA has today published the 16th edition of its Asset Management in Europe report, which provides in-depth analysis of recent trends in the European asset management industry.

Key findings of the report include:

As the European Parliament adopted its position and the Council reached its General Approach, the Association for Financial Markets in Europe (AFME), the European Association of Co-operative Banks (EACB), the European Banking Federation (EBF), the European Fund and Asset Management Association (EFAMA), the European Savings and Retail Banking Group (ESBG), and Insurance Europe call on the co-legislators to deliver on commitments to boost European competitiveness and to avoid concluding the Financial Data Access (FiDA) Regulation before a thorough a

EFAMA has today published its European Quarterly Statistical Release for Q3 of 2024.

Thomas Tilley, Senior Economist at EFAMA, commented: “Net inflows into long-term funds slowed during the third quarter of 2024, while money market funds attracted strong net sales. In times of market volatility, MMFs often serve as a ‘safe haven’ investment option for investors.”

EFAMA has published its latest Monthly Statistical Release for September 2024.

The undersigned associations welcome the new European Commission’s objectives to boost the EU’s competitiveness, focus on the enforcement of existing legislation and simplify regulatory frameworks. We appreciate that this was also echoed by the Commissioner-Designate Maria Luis Albuquerque during her confirmation hearing in the European Parliament. 

European Commission must ensure they don’t hinder much-needed EU investment

Following recent market disruptions such as the COVID-19 pandemic and the UK gilt market crisis, the European Commission is reviewing the adequacy of macroprudential policies for non-bank financial intermediation (NBFI). In July 2024, they launched a consultation to determine whether the EU should repurpose specific micro-prudential instruments or introduce new macroprudential requirements.