Stewardship
On behalf of their clients, asset managers act as stewards for the companies in which they invest, to encourage better governance and improve their financial, environmental and social performance. Investors do so by exercising their shareholders’ rights, and engage with investee companies on issues relevant to the sustainability and long-term performance of the firm. Such issues typically include firm governance, due diligence, executive remuneration and the overall business strategy.
EFAMA adopted a Stewardship Code with principles for asset managers’ engagement with investee companies. We support the development of pragmatic, evidence-based regulation and promote consistency across different pieces of legislation. We contribute to developing the EU sustainable corporate governance agenda and support members with the implementation of the revised Shareholders Rights Directive.
EFAMA comments European Commission's Taxonomy Proposal (Sustainable Finance Package)
EFAMA on EC Proposal on low-carbon benchmarks and positive carbon impact benchmarks
EFAMA comments European Commission's Proposal on disclosures relating to sustainable investments
EFAMA Annual Review 2020-2021
It gives me great pleasure to provide you with an overview of our activities since our Ordinary General Meeting of last year.
ESG investing in the UCITS market: a powerful and inexorable trend
The European Fund and Asset Management Association (EFAMA) has published its latest Market Insights report titled “ESG Investing in the UCITS Market – A powerful and inexorable trend”. The report looks at the major trends in the ESG UCITS market, the impact of the coronavirus pandemic, and the behaviour of ESG and non-ESG funds.
Monthly Statistics December 2020 | UCITS and AIF ended 2020 with record net sales in December
The European Fund and Asset Management Association (EFAMA) has published its Investment Fund Industry Fact Sheet for December together with an overview of the net sales data for UCITS and AIFs in 2020.
Thomas Tilley, Senior Economist, commented on the December figures: “Net sales of UCITS and AIFs surged to an absolute record in December 2020, as investor confidence in a successful exit from the Covid-19 crisis continued to strengthen.”
The main developments in December are as follows:
Infographic | The CSRD Timeline
Key dates for the Corporate Sustainability Reporting Directive
Mandatory European sustainability reporting standards are crucial as insufficient availability of ESG data is a key impediment to realising the full potential of the EU’s sustainable finance regulatory framework. As information preparers under the Sustainable Finance Disclosure Regulation (SFDR), asset managers will undoubtedly benefit greatly from relevant, comparable, reliable and public ESG metrics of companies’ activities and financial risks.
EFAMA Annual Review 2020-2021
It gives me great pleasure to provide you with an overview of our activities since our Ordinary General Meeting of last year.
Annual Review June 2019-June 2020
"It gives me great pleasure to provide you with an overview of our activities since our Annual General Meeting in Paris last year. While we were very much looking forward to hosting you all in Brussels this week, the current crisis and associated travel restrictions has forced us to improvise and turn our meeting into a virtual AGM.
