EFAMA has published the 17th edition of its Fact Book with this year’s edition featuring an in-depth analysis of recent developments in the European investment fund industry, including new data on the sales of domestic and cross-border funds and the share of domestic funds held abroad, across 29 European countries.
EFAMA’s Director General Tanguy van de Werve (pictured), says: “The goal of the Fact Book remains the same since the first edition, i.e. to provide all stakeholders in our industry – fund management companies, asset servicers, investors, the official sector, think tanks and academics – with relevant information on the state of the European investment industry. Two specific highlights emerge from this year’s analysis: the sustained level of net sales of UCITS and AIFs, even under challenging market conditions, and the depth of the Single Market as illustrated by the growth of cross-border funds sold within and outside Europe.
“I am convinced that the outlook for our industry is favourable. Provided the right framework and incentives are in place, the European investment fund industry can play an important role in supporting sustainable economic growth, holding investee companies to account, providing long-term financing and helping citizens meet their future liabilities.”
