Capital markets
Investment managers, acting on behalf of their retail and institutional clients, are among the largest investors in financial markets. They represent a key component of the market’s “buy-side” segment.
In representing the interests of its members on wholesale capital market issues, EFAMA advocates for fair, deep, liquid, and transparent capital markets, supported by properly regulated and supervised market infrastructure.
EFAMA Reply: ESMA CP on review report MiFIR transparency regime for equity, ETFs & other related instruments
EFAMA's response to the EU Commission's public consultation on the review of the EU Benchmark regulation
EFAMA's reply to ESMA's CP on Draft technical advice on commercial terms for providing clearing services under EMIR (FRANDT)
First industry-led conference discusses concrete policy actions to turn Europe into a global hub for digital assets
Yesterday, EFAMA hosted asset management firms from across Europe to discuss how tokenisation is reshaping the industry at the Redefining assets: tokenisation and the future of investment
Providing access to ISAs is key for turning European savers into investors
EFAMA emphasizes the importance of a bottom-up approach
European Stock Exchanges' Over-Reliance on Equity Market Data Revenues: Stifling Growth and Innovation
Rising data fees to offset declining trading revenue burden market participants with surging costs
Asset Management Report 2017
Closet Index Funds
EFAMA has reviewed ESMA’s statement “Supervisory work on potential index tracking”, which sets out research to determine whether any indication of closet indexing could be found at EU level. To contribute to the debate on this matter, EFAMA has prepared a paper, which highlights the limits of identifying closet index funds through a statistical analysis, drawing on recently published research papers.