Press releases
We work to promote a better understanding of the investment management industry and its contribution to growth, jobs and the economy through social media, press releases, in-depth interviews and media events.
Robust-capital-markets-recovery-brings-net-total-UCITS-assets-over-€16-trillion-mark-in-February-2019
For immediate release
Robust capital markets recovery brings net total UCITS assets over 16 trillion mark in February 2019
Brussels, 26th April 2019 - The European Fund and Asset Management Association (EFAMA) has today published its latest Investment Fund Industry Fact Sheet, which provides net sales of UCITS and AIFs for February 2019.Twenty-nine associations representing 98 percent of total UCITS and AIF assets provided us with net sales data.
The main developments in February 2019 can be summarized as follows:
EFAMA welcomes final agreement on legislation facilitating cross-border distribution of funds
We welcome yesterday's vote by the European Parliament plenary, formally adopting the trilogue agreement on the Commission's initiative to remove cross-border barriers to the distribution of investment funds.
This marks a decisive recognition of the need to postpone the application of the PRIIPs disclosure regime for UCITS by two years, in light of the regime's documented shortcomings. It also allows the European Commission more time to conduct a thorough review of the same within one year.
For interview requests or quotes, contact hayley.mcewen(at)efama.org
