30 Apr 2020

Asset Allocation in Europe

Reality vs Expectations

Cosmina Amariei

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In the current institutional cycle, the Capital Markets Union – CMU remains as relevant as ever. However, it needs rethinking at EU level and real commitment from member states. The capacity of capital markets to enhance the resilience of our societies as a whole, especially when confronted with unprecedented shocks, should certainly be given more thorough consideration.

In order to contribute to the public debate, CEPS and ECMI invited relevant stakeholders – policymakers, supervisors, consumer associations, industry representatives, and academics – to take part in a dedicated Task Force on Asset Allocation in Europe chaired by Jean-Pierre Pinatton (Member of the Supervisory Board, ODDO BHF).

The Final Report features a list of policy and market recommendations in addition to detailed analytical chapters. The main objective of this initiative was to explore meaningful ways of activating long-term savings and investment channels across the EU, with a focus on households, asset/fund managers, insurers and pension funds, under the overarching theme of sustainability in the real economy.

Read the Executive Summary of this CEPS-ECMI Task Force Report here.