CEPS-ECMI to launch the Task Force on Asset Allocation - June 14th
In the coming years, asset allocation will be impacted by the changing macroeconomic environment, evolving investor demographics, technology and regulation. CEPS and ECMI are inviting policymakers, industry representatives and academics to join a special joint Task Force on Asset Allocation in Europe. More than 20 experts have already been enlisted to support our initiative. The purpose is to contribute to the public debate aimed at facilitating households’ access to savings products with stable returns over time, such as, for example, the Pan-European Personal Pension (PEPP), and promoting long-term investment through capital markets across the EU.
This Task Force will engage a diverse group of stakeholders in a structured dialogue in order to: i) identify the factors at macro- and micro- level that will drive investment decisions in Europe in the short, medium and long run; ii) analyse their impact on retail investors and on different categories of financial intermediaries (asset managers, investment banks, insurance companies, pension funds); and iii) put forward a list of recommendations to strengthen the long-term savings and investment channel in Europe.
The first meeting is scheduled for 14 June 2017 (12:00 to 18:00) at our offices in Brussels.
Chairman: Jean-Pierre Pinatton (Oddo BHF)
Rapporteurs: Karel Lannoo, Cosmina Amariei (CEPS & ECMI)
Agenda of inaugural meeting:
Session 1. Short vs long termism: What feeds into investment decisions?
Session 2. Asset management in Europe: Which way forward?
Please see the AGENDA for detailed information.
At least three other closed-door meetings will be held between now and the end of the year. The final report will be launched at a public event, in the presence of high-level policymakers and market participants.