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For immediate release
Brussels, 19th December 2019 - The European Fund and Asset Management Association (EFAMA), has published its latest International Statistical Release describing the trends in the worldwide investment fund industry in the third quarter (Q3") of 2019.
The major developments emerging during Q3 are as follows:
EFAMA in collaboration with SWIFT, has published a new report on the evolution of automation and standardisation rates of fund orders received by transfer agents (TAs) in the cross-border fund centres of Luxembourg and Ireland - during the first half of 2019.
The report highlights the progress made towards the increased automation of the amount of fund orders, and the use of ISO standards. Twenty-eight TAs from Ireland and Luxembourg participated in this survey.
The key findings of the report include:
For interview requests or quotes, contact hayley.mcewen(at)efama.org
