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.
Industry Association Letter on Impact of COVID-19 on Initial Margin Phase-In
Coalition letter on keeping European markets open
Deepening consolidated tape data now, rather than later, would significantly improve the competitiveness of EU capital markets
EFAMA highlights important use cases in latest publication
EFAMA response to the EBA consultation on the guidelines on the sound management of third-party risk for non-ICT related services
European Commission’s ambitious market integration package addresses many barriers to the Savings & Investment Union
EFAMA supports the majority of measures but warns against new ESMA supervisory reviews for large asset managers
Annual Report 2016
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.