- Despite the global pandemic, which caused an exceptionally sharp fall in the markets in March 2020, performance for all asset classes was generally positive over the year as a whole.
- Total assets under management in France (discretionary mandates and investment funds) rose by +3.5% over the year to nearly €4.355 trillion.
- Download the Annual overview of the Asset Management Market - 2020.
- As of 10 March 2021, asset management companies are subject to Regulation (EU) 2019/2088 (“Disclosures” or “SFDR”).
- To comply with the transparency requirements of this regulation, the AFG is publishing this fact sheet on sustainability risks.
- From 10 March 2021, Asset Managers will be required to disclose sustainability risks in each fund’s prospectus and on their websites. This fact sheet supplements the provisions described in the Sustainable Finance – Regulations guide published by the AFG in December 2020.
- Download : Sustainability Risks Under Regulation (EU) 2019/2088 (“Disclosures” or “SFDR”)
Launch of the Sustainable Finance Observatory, the first-ever tool for monitoring Paris Financial Centre players’ shift towards carbon neutrality by 2050
On the occasion of Climate Finance Day, the Sustainable Finance Observatory is a world premiere. It seeks to enhance transparency, monitoring and evaluation of the financial sector’s gradual transformation. Press Release 29 October 2020
Asset management companies must currently wade through a wide array of extra-financial information which is neither standardised, comparable, stable over time nor audited. Therefore, amid the increasing volume of company-reported ESG data, a reference list of extra-financial indicators is urgently needed. The objective is twofold: determining which extra-financial information is needed to assess a company, to avoid getting bogged down in an “information overload”; and forging a dialogue with companies, to build a reporting framework complying with regulatory requirements. AFG set a goal to identify a maximum of 10 cross-sector indicators for each of the following pillars: Environment, Social / Human capital, Societal and Governance, that