The Chair of the European Securities and Markets Authority (ESMA), Steven Maijoor, delivered the keynote speech at EFAMA's Investment Management Forum in Brussels on Thursday 16 November.
In the course of his speech he highlighted that ESMA, as part of its work in the fund management space, would perform further work on closet indexing - beginning with gathering comprehensive information from NCAs on the results of their work/investigations at national level - and also further supervisory convergence work on performance fees.
