EFAMA is pleased to invite you to join us on Thursday 4 December as we take you through the main industry trends in the 17th edition of our ‘Asset Management in Europe’ report. If you want to learn about how the industry is growing, where, how it finances the European economy, who the main clients are, as well as developments in key areas like asset allocation (passive, ESG) and industry organisation, you don’t want to miss it.
This year’s webinar will also include a special Q&A with McKinsey experts on agentic AI in the asset management industry, based on the article they wrote on this topic for the report.
Speakers include:
Thomas Tilley, Senior Economist, EFAMA
Maximilian Fiedler, Engagement Manager, McKinsey
Carolin Schaumann, Engagement Manager, McKinsey
This event is free of charge and open to the public, including journalists.
Some key highlights from the report:
- Assets under management (AuM) grew by almost 12% in 2024.
- AuM are mainly concentrated in 6 European countries.
- Investment fund AuM is expanding more than discretionary mandates.
- Asset managers continue to play a crucial role in financing the European economy, as significant holders of stocks and bonds.
- There has been a steady increase in the share of retail clients, as well as the share of foreign clients.
- Asset allocation has shifted out of bonds and more into equity in 2024.
- The inexorable rise of passive investing continued in 2024.
- Industry profit margins recovered very slightly compared to lows in 2022 and 2023.