Setting EU-level fund classification standards
On the 08.26.20 at 3:47PM
EFAMA, the European fund association, has launched the updated European Fund Classification (EFC), a pan-European classification system for investment funds. In an interview, Bernard Delbecque, Senior Director for Economics and Research and Thomas Tilley, Senior Economist, tell Asset News about the tool’s potential to increase transparency and become a fund classification standard for Europe.
The European Fund and Asset Management Association (EFAMA) has updated its European Fund Classification (EFC), originally created in 2012 to have a pan-European classification system of investment funds.