EFAMA
Tax & Technical | 27 Jun 11
Report rallies industry on long-term savings
Report calls for financial services industry to face up to long-term savings crisis
Global fund assets mark fourth consecutive quarter of growth
Global investment fund assets increased 6.2% during the third quarter of 2009 to reach 15.3trn by the end of September, marking the fourth consecutive quarter of positive net flows according to the E
Investors continue to pile into Ucits funds as confidence returns
Net inflows into Europe-domiciled Ucits funds reached 38bn in July, contributing a 4% rise in Ucits and non Ucits assets over the month, according to the European Fund and Asset Management Associatio
UK funds hold assets worth more double national GDP
UK investors are Europe’s biggest users of collective investment funds, with British asset managers holding the equivalent of more than twice the country’s GDP in assets under management at the end of
EFAMA urges European fund managers to rise
The head of the main European fund management association called on EU fund houses to rise to the challenge of rebuilding investor trust and offering innovative products to appeal to risk-wary investo