Single European investment market plans gain new ground

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EUROPE - The Fédération Européenes des Fonds et Sociétés d'Investissement (FEFSI) and the European Fund Categorisation Forum (EFCF) have joined forces to push through a new pan-European investment fund classification scheme.

Under the agreement, the EFCF will continue to work on fund classifications with a view to developing a new system that could be used by fund management companies across Europe. EFCF’s mandate i...

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