Last month, the finance ministers of France and Germany, Bruno Le Maire and Christian Lindner published a rare joint opinion piece calling to increase the pace and ambition of the EU Capital Markets Union project, including improving the mobilisation of private investment to accelerate the green and digital transitions of the EU economy.
This matters to our industry. The UK-based investment management industry manages €3.2trn for European clients and have invested €1trn into EU businesses and projects. We know that to truly realise the vision of the Capital Markets Union, open and efficient markets are essential. Efficient allocation of funds is essential to generate returns to support our customers in their retirement. That requires high-quality, growth companies to invest in and individual investors must also have easy access to good quality products, which are clearly and consistently communicated. As concerns over...
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