The European Fund and Asset Management Association (EFAMA) has today published its latest Investment Funds Industry Fact Sheet, which provides net sales of UCITS and non-UCITS for May 2015.

Brussels, 23rd June 2015: The European Fund and Asset Management Association (EFAMA) has today published its latest quarterly statistical release which describes the trends in the European investment fund industry during the first quarter of 2015. This report also introduces a distinction between UCITS and Alternative Investment Funds (AIFs) which is based on the specific regulatory requirements of the UCITS and AIMF Directives.

 

EFAMAhas elected Alexander Schindler with unanimity of votes as President for a two-year term (until June 2017). The election took place during EFAMAs Annual General Meeting (AGM) in Lisbon last Friday, 19th June.

 

At the same meeting, EFAMA Members also unanimously elected William Nott, the Chief Executive Officer of M&G Securities, as its Vice-President (for the same two-year term).