Total assets under management (AuM) in Europe stood at €25.2 trillion at the end of 2017, according to the European Fund and Asset Management Association (Efama).
Efama published the figure in its 10th edition of the ‘Asset management report’ this week.
The increase in assets from the year before was 10% and, in relation to GDP, the asset value was estimated to have reached 147% at end 2017, up from 102% in 2007.
Investment funds assets managed in Europe represented €13.1 trillion (52%) of the total, and discretionary mandates accounted for the remaining €12 trillion.
According to the report, there are close to 4,200 asset management companies in Europe.
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