French asset management representative body AFG has reported France-domiciled funds had €1.93trn of assets under management as at end of September 2017. Some €885bn of assets were managed in OPCVM vehicles (Ucits funds), primarily in money market funds (36%) and equity funds (28%) while assets in alternative investment funds (FIA) amounted to €1.04trn. French OPCVMs […]
France domiciled funds have faced €22bn outflows in June, according to French analyst EuroPerformance. Assets invested in France domiciled Ucits funds have reached €823bn, down 4.4% compared to May 2015 but up 7.16% since the beginning of the year. Money market funds have seen €23bn outflows. AUM amounted to €269.47bn, dropping by 7.83% on a month-on-month basis […]
French group Groupama Asset Management has been forced to radically adjust the long/short strategy of Groupama Alpha Euro Stock due to unsatisfactory performance in recent months.
Servane Pfister, responsable commercialisation et vie des acteurs et Adina Gurau-Audibert, responsable techniques de gestion chez l’Association Française de la Gestion financière (l’AFG), discutent les révisions de la directive Marché d’instruments financiers (MIF) proposées par la Commission européene.