France Stat. Data – June 2019
Asset managers commit themselves to address the challenge of climate change: One Planet Asset Managers Statement
On 10th July 2019, eight of the largest worldwide asset managers – including three French managers – gathered at the Elysée Palace at the invitation of the President of the French Republic Emmanuel Macron – founded the One Planet Asset Managers Initiative and committed themselves to cooperate and integrate the climate change concern in their investment choices. They join therefore the process initiated last year by six sovereign wealth funds by integrating Climate Change Risks. AFG was pleased that three French worldwide asset managers are among the creators of this project, like a testimony that the climate change considerations hold
The Paris Financial Center is taking a new step for green and sustainable finance
- The main professional bodies and associations representing the Paris Financial Center (ASF-French Association of Financial Companies, AFG–French Asset Management Association, FBF-French Banking Federation, FFA-French Insurance Federation, France Invest-French association of private equity actors, Paris EUROPLACE and Finance for Tomorrow) announced today in a joint declaration new collective commitments to combat climate change and contribute to achieving the goal of net zero carbon by the year 2020.
- Read the press release from the Paris Financial Center.
- Download the Declaration of the Paris Financial Center: A new step for green and sustainable finance.
UCITS ETF : a unique European format
- AFG publishes four-page brochure presenting the "UCITS ETF : a unique European format".
- The vast majority of exchange-traded funds managed in the European Union are subject to the common European Community well-known protective Directive 2009/65/EC (UCITS Directive) framework. The UCITS rules apply in the same pan-European harmonized manner to all UCITS ETFs indistinctively, from day one of operation and during their entire life.
- Download the brochure "UCITS ETF : a unique European format".
Gestion Info - Summer 2019
- Download the new Gestion Info (in french only)
The Board of Directors of the AFG reappoints Eric Pinon as Chairman
- At their meeting on 4 June 2019, the members of the Board of Directors of the French Asset Management Association - Association Française de la Gestion Financière (AFG) - reappointed Eric Pinon as Chairman for a three-year term. Mr Pinon will work closely with Philippe Setbon, whose term as vice-chairman has also been renewed, together with newly-appointed vice-chairman Matthieu Duncan.
- Download the press release of 4 June 2019
Report on security tokens - May 2019
The French Digital Asset Association (FD2A), the French Association of Financial Markets (AMAFI) and the French Asset Management Association (AFG) with the French Association for real estate investment companies (ASPIM) published a report today on “security tokens” or “financial tokens similar to financial instruments.” This report summarizes the returns to a questionnaire that these associations have prepared and disseminated in partnership with Gide 255, PwC, ConsenSys and Woorton. Its ambition is to better measure the market’s appetite for this type of digital assets and to assess participants’ expectations on this theme.
