EFAMA
exclusion of insurance from financial review
An influential European trade body has expressed concerns that the omission of insurance from a widespread review of financial products will create an uneven playing field.
Net sales of long term UCITS rise
Net sales of long term Ucits rose in September to 9bn (£7.5bn, $12bn) up from a break-even point in August according to the latest monthly statistics from the European Fund and Asset Management Association (EFAMA).
equity and bond fund ucits sales hit
Equity fund net sales fell sharply to 2bn in August, compared to 14bn a month earlier, while bond funds saw net outflows of 7bn against inflows of 6bn in July.
june sees sharpest outflows from
Ucits funds suffered the largest outflows in June since October 2008, according to the latest data from EFAMA.
Tax & Regulation | 27 Jun 13
efamas de proft details industrys
The head of the main association representing Europe’s asset management industry has called on key members of the European Parliament to get a move on in its efforts to draft a package of investor protection regulations known as PRIPs.