Association Française de la Gestion Financière - AFG
The French Asset Management Association (AFG) is the leading professional body representing the French asset management industry. Our members include asset management companies, ranging from entrepreneurial boutiques to subsidiaries of major banking, insurance and investment groups. Since 2009, AFG also welcome “correspondent member”, including law firms, consultancies, IT service providers, data vendors and branches of foreign asset management companies that contribute to the French investment management ecosystem.
The French asset management sector hosts the largest asset management industry in continental Europe, with over € 5,400 billion in assets under management (AUM) in France. 671 asset management companies operate in France. 85000 + professionals are employed in the sector, including 26,000 directly in asset management companies
AFG represents France-based investment management, including both collective and discretionary portfolio management. Our mission is to promote a sound legal, regulatory, and tax environment for the asset management industry at national, European, and international levels.
- At national level, AFG actively contributes to the evolution of French financial regulations to ensure they remain competitive and adaptative.
- At European level, AFG is actively involved in shaping the European regulatory framework, with the ultimate goal of achieving a true single market for asset management.
- At international level, AFG participates in building consensus and positions for the global asset management industry.
AFG functions
Beyond its advocacy role, AFG provides its members with a comprehensive range of services, including :
- Regulatory affairs: Monitoring and influencing national and EU regulations.
- Tax matters: Guidance on fiscal policies impacting the industry.
- Corporate governance: Best practices and ethical frameworks.
- Technical expertise: Support on complex industry issues.
- Statistics and economics: Data-driven insights for strategic decision-making.
- Communication: Promoting the value of asset management to stakeholders.
- Training: Professional development for industry professionals.
LOCATIONS :
Head Office
17 Square Edouard VII – F - 75009
Paris, France
+ 33 1 4494 9400
afg@afg.asso.fr
Avenue des Arts, 56 – 1000 Brussels
Belgium
+32 470 29 32 30
lm.durand@afg.asso.fr
Regulatory Info
Main sources of regulatory information in our jurisdiction (IN ENGLISH)
Code monétaire et financier : MONETARY AND FINANCIAL CODE
In particular
BOOK III : Services (Art. L311-1 to L353-6)
BOOK V : Service Providers (Art. L511-1 to L500-1)
Available in English on LEGIFRANCE website.
Règlement general de l'AMF : AMF GENERAL REGULATION
In particular BOOK III Service providers, Book IV - Collective investment products (different files with the whole document or a file for each book with the date of the last update)
Available in English on the AMF website .
Association Members
