EFAMA
EU-wide pension to fail like stakeholder schemes, says IFA
A Europe-wide single pension product may suffer the same “underwhelming” success as the UK’s stakeholder pensions, according to a leading European IFA firm.
Alternatives | 26 May 16
Ucits fund sales fall sharply in Q1, Efama data shows
Rock-bottom interest rates and plummeting consumer confidence saw a big drop in net sales of Ucits funds in the first quarter of the year, according to the latest figures published by the European Fund and Asset Management Association (Efama).
Efama blasts Priips document as ‘not fit-for-purpose’
Europe’s main asset management trade body has slammed the new consumer information requirements for those selling packaged retail and insurance-based investment products as a “danger” to investors.
EC must remove ‘nightmare’ Priips clause, says AILO
The Association of International Life Offices (Ailo) has called on the European Commission to abandon a clause in the upcoming Priips regulation that will require fund manufacturers to provide KIDs on open-architecture bonds.
Macro Views | 24 Mar 16
Global open-ended fund assets show consistent growth – Efama
Worldwide assets in open-ended funds were €36.9trn (£29.2trn, $41.3trn) at the end of 2015, having outperformed every quarter in 2014, according to the European Fund and Asset Management Association (Efama).