At its annual European conference held in Brussels, the French Asset Management Association (AFG) delivers a clear message to European and national policymakers: the Savings and Investment Union (SIU) must be fully recognised as a strategic instrument serving the sovereignty, competitiveness and prosperity of the European Union.
Europe’s ability to finance its economic, social, environmental and geopolitical priorities has become a central issue. This is no longer merely a financial question; it is a political and strategic challenge.
The AFG reiterates that European asset managers play a key role in this process by mobilising household and institutional savings to support growth, innovation and the sustainable transition across the continent. A new virtuous circle linking employment, savings and investment for the benefit of European citizens can and must be reactivated.
The Savings and Investment Union must therefore be designed and implemented as an instrument of sovereignty and competitiveness, capable of transforming European savings into concrete investment in European companies and strategic projects. “Preparing this Union means finally acknowledging the need to invest in European capital markets,” the AFG states.
Statement by Philippe Setbon, President of the AFG
“The Savings and Investment Union must not be reduced to a purely regulatory exercise; it must become a structuring political project, serving Europe’s sovereignty, prosperity and social model. The Savings and Investment Union should be an ambitious political endeavour, capable of transforming European savings into a sustainable engine of growth and economic security.”