62,000+ new fund share classes have been added, including new categories

ESMA technical standards move one step closer to consolidated tape launch.

ESMA recently closed the consultation for regulatory technical standards that will define the competitive selection process for the consolidated tape, as well as the technical abilities that  applicants will be assessed on.  In its response for the buy-side, EFAMA stressed that a robust governance framework for the operators of the tapes is critical.

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

Thomas Tilley, Senior Economist at EFAMA, commented: “May 2024 saw net sales of equity UCITS rise to a 35-month high thanks to strong net inflows into equity ETFs and a rebound in non-ETF equity funds.”

On Friday 19 July, the European Commission formally adopted its Delegated Regulation supplementing the ELTIF Regulation. This text will now be subject to a 3-month scrutiny period by the co-legislators before entering into force.

EFAMA congratulates the Commission on a very robust set of Level 2 rules which will support the revised ELTIF rulebook.

EFAMA has published the latest Monthly Statistical Release for April 2024.

Thomas Tilley, Senior Economist at EFAMA, commented: “Despite a dip in global stock markets, bond UCITS continued to attract strong net inflows in April as investors were anticipating the June ECB rate cut.”

Today, EFAMA has published its International Quarterly Statistical Release for Q1 2024.

Latest EFAMA research finds that the outperformance of US stock markets has led to increasing allocation of equity UCITS assets to US stocks

Today, EFAMA published the latest edition of its Market Insights series, titled “The EU Must Adopt a New Deal to Mobilize EU Savings”.