European asset managers in optimistic mood

This is the EFAMA's fifth annual review examining the industry's overall size, general structure, asset allocation and client base - a chance to see who's putting their money into what investments. There's good news to be found in the confirmation that assets under management in Europe enjoyed strong growth of 10% in 2010, reaching €14trn at year end. Europe ranks as the second largest market in the global asset management industry, managing 33% of global assets under management. Discretionary mandate assets represented €7,131bn (50.8%) of assets under management at end year, whereas ...