Trade association
The European Fund and Asset Management Association (EFAMA) is trade association representing the fund management and asset management industry in Europe.[1] The association has its headquarters in Brussels, Belgium.
The association includes national associations as well as companies.[2] For example, the German investment and asset management association the Bundesverband Investment und Asset Management is a member of EFAMA.[citation needed]
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.[3]
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.[citation needed]
References