A post crisis strategic advantage for financing economic activity

Pierre BOLLON Chief Executive, French Asset Management Association [vc_btn title= »Download the article » style= »outline » color= »blue » align= »right » i_icon_fontawesome= »fa fa-file-pdf-o » add_icon= »true » link= »url:http%3A%2F%2Fprod.confrontations.org%2Fwp-content%2Fuploads%2F2016%2F03%2FRevue-107-A-post-crisis-strategic-advantage-for-financing-economic-activity-p28.pdf||target:%20_blank »] Html code here! Replace this with any non empty text and that's it. The French asset management industry is a global leader. The number of management companies has doubled in the past 15 years, reaching 613 at end-2013. More than half of them are so-called entrepreneurial boutiques, while others are subsidiaries either of French banking, insurance or financial groups (four firms rank in the top 25 worldwide) or of international groups Bank credit accounts for three-quarters of total business financing in continental Europe at present. In future a larger share will have to come from markets. Consequently, asset managers will play a bigger part in ensuring that savings, whether from French or foreign origins, are properly channelled to benefit the economy and boost job creation. For that reason, a strong and