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ALFI calls for asset managers to broaden their appeal to all savers in society

- EUR 4 trillion in unmanaged assets in Europe - Europeans missing out on long-term investments - Asset managers need to look beyond the wealthiest 10%   "Beyond 10%” – a new report launched by ALFI sets out actions for the industry to enlarge the pool of retail investors in long-term investments   The Association of the Luxembourg Fund Industry (ALFI) today unveiled a new report which looks at the impact of the financial crisis on European investor behaviour, and at the future direction of the asset management industry. The report “Beyond 10%: the case for enlarging the pool of retail investors in Europe’s investment funds,”[1] by research company MackayWilliams highlights the fact that there is a...
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