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The Association Française de la Gestion Financière (AFG) represents and promotes the interests of the French asset management industry.
French asset managers manage in France assets worth nearly € 3,800 billion: € 1,800 billion in the form of investment funds and € 2,000 billion in the form of discretionary mandates and funds domiciled abroad. Employing over 85,000 people − including 26,000 directly in asset management companies − the industry plays a key role in the financing of the real economy. 630 asset management companies operate in France, including 200 set up over the last 5 years. Over 450 of them are entrepreneurial, while 4 French groups rank among the global top 20. The French asset management industry (investment funds and discretionary mandates) ranks second on the European market.
For further information, please visit AFG’s website: www.afg.asso.fr