The European Fund and Asset Management Association (EFAMA) is

trade association A trade association, also known as an industry trade group, business association, sector association or industry body, is an organization founded and funded by businesses that operate in a specific Industry (economics), industry. Through collabor ...

representing the

fund management Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastru ...

and

asset management Asset management is a systematic approach to the governance and realization of all value for which a group or entity is responsible. It may apply both to tangible assets (physical objects such as complex process or manufacturing plants, infrastr ...

industry in Europe. The association has its headquarters in Brussels, Belgium. The association includes national associations as well as companies. For example, the German investment and asset management association the Bundesverband Investment und Asset Management is a member of EFAMA.

History

The association was founded in 1974 as European Federation of Investment Funds and Companies (FEFSI). The founding members were the funds associations of Belgium, France, Germany, Denmark, Irland, Italy, the Netherlands and the United Kingdom. In 2004 it was renamed the European Fund and Asset Management Association after it broadened its articles of association to include represent corporates and associates in the investment fund and asset management industry.

References

{{reflist International organisations based in Belgium Finance industry associations