EFAMA research estimates that 40% of daily FX flows are at increased risk
Size, age, investment strategy and geography are key determinants of UCITS cost
EFAMA’s latest research shows the average product cost of active and passive equity UCITS available to retail investors fell to 1.04% and 0.27% respectively in 2022.
A rushed deal on the Benchmarks Regulation would jeopardise transparency, with negative impacts for the sustainable finance framework
EFAMA members are concerned that revisions to the Benchmark Regulation, which is due to be voted in the European Parliament’s ECON committee next week, will harm the EU sustainable finance regime and create gaps in transparency more broadly.
Bond funds, money market funds, and ETFs had a good year in 2023
In our latest Monthly Statistical Release, we show the following main developments in December 2023 for the European investment fund market. A first overview and analysis of the full year 2023 is also included.
Political agreement on new ESG rating rules is a crucial step forward
Regulation for other kinds of ESG data products still missing.
UK investors will continue to benefit from easy access to EU investment funds under new regulatory regime
European fund body asks UK regulator to further simplify recognition of EU retail funds
Financial sector calls for a coordinated approach by regulators when changing sustainable finance disclosures
Joint letter asks European Commission to delay technical changes by supervisors until broader review of SFDR is complete
Joint industry letter asks European Commission to delay technical changes by supervisors until broader review of SFDR is complete
In a joint letter, EFAMA, together with the European Banking Federation (EBF), Insurance Europe, European Savings and Retail Banking Group (ESBG), Alternative Investment Management Association (AIMA), Association for Financial Markets in Europe (AFME), and the European Association of Cooperative Banks, have released a joint letter asking the European Commission to better coordinate the publication of new rules for the Sustainable Finance Disclosure Regulation (SFDR).
Rebound in net sales of equity and bond UCITS funds in November
In our latest Monthly Statistical Release, we show the following main developments in November 2023 for the investment fund market:
Households continue to keep a disproportionate amount of money in bank deposits in most European countries
New report calls for action to be taken to revive the Capital Markets Union project
Household Participation in Capital Markets
This report analyses the progress made in recent years by European households in allocating more of their financial wealth to capital market instruments (pension plans, life insurance, investment funds, debt securities and listed shares) and less in cash and bank deposits. It also includes policy recommendations on improving retail participation in capital markets, including for the Retail Investment Strategy currently under discussion.
Some key findings include:
EFAMA publication on ELTIF 2.0 illustrates benefits of new rules
However, European supervisors’ proposed technical standards threaten the success of the new regime