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).
Efama urges EU to create Europe-wide pension produc
The European Fund and Asset Management Association (Efama) has urged the European Commission to create a standardised Pan-European personal pension product (Pepp) – in response to ongoing plans to create a single market for financial retail products.
MiFID II deadline extension needed, says Efama
National legislators and regulators will all implement the MiFID II directive differently. Since this creates complications for international asset managers, the European Fund and Asset Management Association (Efama) wants an extension of the deadline for full implementation of MiFiD II, which is currently set at January 2017.