At The End of 2005, There Were 122 Investment Firms, Apart From the Portfolio Management Companies Supervised By the AMF - Market Guide: Retail Investment Market In France 2006.DUBLIN Dublin, city, Republic of Ireland Dublin, Irish Baile Átha Cliath, county borough (1991 pop. 915,516), Leinster, capital of the Republic of Ireland, on Dublin Bay at the mouth of the Liffey River. , Ireland Ireland, Irish Eire (âr`ə) [to it are related the poetic Erin and perhaps the Latin Hibernia], island, 32,598 sq mi (84,429 sq km), second largest of the British Isles. -- Research and Markets (http://www.researchandmarkets.com/reports/c51566) has announced the addition of Market Guide: Retail Investment Market in France 2006 to their offering. This report is most appropriate for companies looking for Looking for In the context of general equities, this describing a buy interest in which a dealer is asked to offer stock, often involving a capital commitment. Antithesis of in touch with. an overview of the retail investments markets in order to assess the level of market opportunity (using our market data and forecasts), regulatory reg·u·late tr.v. reg·u·lat·ed, reg·u·lat·ing, reg·u·lates 1. To control or direct according to rule, principle, or law. 2. barriers and opportunities, and level of competition in the market. For more detailed market data please refer to our Retail Savings and Investments Interactive Database 2006. Scope of this title: Sizes retail deposits, mutual funds, equities and bonds; Presents competitor market data for retail banks and mutual fund companies; Assesses regulatory barriers and opportunities; 5 years historic data from 2001-5 and 5 year forecast to 2010. Highlights of this title: The Financial Security Act Established two new types of investment vehicle: funds with streamlined investment rules Aria aria (är`ēə), elaborate and often lengthy solo song with instrumental accompaniment. In the 16th cent. it was a melody improvised over a strophic bass line, and a distinction was made between instrumental, vocal, and dance arias. funds (Agre es a Regles dInvestissement Allegees) and contractual funds. A third new investment vehicle, the open-ended o·pen-end·ed adj. 1. Not restrained by definite limits, restrictions, or structure. 2. Allowing for or adaptable to change. 3. real estate fund (Lorganisme de placement collectif immobilier - OPCI OPCI Organisme de Placement Collectif en Immobilier (France) OPCI Optical Physics Consulting Incorporated ), was created by Order 2005-2178. The rationalization rationalization, in psychology: see defense mechanism. of the French banking industry, which began in the 1980s, continued in 2005. The number of co-operative and mutual banks was reduced by two, due to the merger of two Credit Agricole regional banks, as well as that of two savings banks savings bank, financial institution that, until recently, performed only the following functions: receiving savings deposits of individuals, investing them, and providing a modest return to its depositors in the form of interest. and two Banques Populaires institutions. There was a net decline of 5 commercial banks. The number of authorized au·thor·ize tr.v. au·thor·ized, au·thor·iz·ing, au·thor·iz·es 1. To grant authority or power to. 2. To give permission for; sanction: investment firms fell by 6 during 2005. 12 firms were de-registered. At the end of the year, there were 122 investment firms, apart from the portfolio management companies supervised su·per·vise tr.v. su·per·vised, su·per·vis·ing, su·per·vis·es To have the charge and direction of; superintend. [Middle English *supervisen, from Medieval Latin by the AMF AMF ACE (Allied Command, Europe) Mobile Force AMF Autorité des Marchés Financiers (French) AMF Action Message Format AMF Arab Monetary Fund AMF Asian Monetary Fund AMF Autocrine Motility Factor . The top ten investment firms accounted for 98% of the total assets of these 122 firms, with the top three accounting for 87.5%. Reasons to order your copy: - Get an overview of the retail investment market, including past growth and forecast growth - Assess regulatory barriers and opportunities affecting retail investments in this country - Analyze competition from retail banks and mutual fund companies. Content Outline: Executive Summary - MARKET HIGHLIGHTS Market overview Market forecasts Market regulation Competitive market structure Market leaders Introduction What is this report about? Who is the target reader? How to use this report Chapter 1. Market overview Introduction Retail savings and investments account for 22% of the total market in France Just under 90% of retail assets is held in deposits and mutual funds Since 2002, the proportional value of retail assets held in equities investments has been increasing Chapter 2. Market forecasts Introduction Key findings Deposits will continue to account for the majority of household wealth, with a marginal increase in the proportion of equity Chapter 3. Market regulation Introduction Key findings The Banking Commission of the Central Bank and the Financial Markets Authority are the primary regulators of the French savings and investments sector For banks and investment companies, Basel II capital adequacy requirements imply additional investment in risk management expertise and in IT systems to calculate risk Regulatory amendments affect internal control and compliance at asset management companies and investment companies Banks, asset management companies and investment companies which belong to financial conglomerates face additional supervisory requirements Financial services companies must adapt their accounting systems to meet new standards for financial statements Listed financial institutions have new reporting obligations regarding insider trading New legislation for listed entities aims at enhancing investor confidence Asset management companies have increased flexibility in fund management Three new vehicles augment the range of investment options Distance marketing rules enhance consumer protection Upcoming EU legislation (UCITS directive and MiFID) facilitates market development and enhances consumer protection Proposed anti-money laundering legislation implies an additional administrative burden for banks Chapter 4. Competitive market structure Introduction Key findings The largest segment of banks in France comprises foreign commercial banks Consolidation in the French banking sector continues Banks distribute primarily through their branch networks, but telephone and Internet banking are widely used The top 5 banks control 77% of the banking market, measured by total assets Several leading asset managers belong to banking groups Over 60% of available mutual funds comprises balanced funds or equity funds Competitors in securities trading include investment companies and other authorized institutions Chapter 5. Market leaders Introduction Key findings As at December 2005, BNP Paribas led the banking market, based on total assets its asset management division is BNP Paribas Asset Management The Credit Agricole Group trailed the market leader in the banking sector its asset management arm is Credit Agricole Asset Management Societe Generale Group ranked third among banks, measured by total assets its asset management arm is Societe Generale Asset Management In 2005, Credit Mutuel had the fourth largest share of the banking market, measured by total assets The Banque Populaire Group ranks fifth among banks Axa IM and IXIS Asset Management are key players in the market for mutual funds APPENDIX Definitions Asset manager / Asset management company Bank Collective Investment Scheme Friendly society Fund of funds Hedge fund Investment company Non-retail market Retail market SICAF SICAV UCITS Further reading Savings and Investments SPP Interactive Databases Reports Related Global Wealth Service SPP Reports Interactive Databases Market Reports Strategic Insight Reports Wealth Management Competitor Tracker SPP writing team List of Tables List of Figures For more information visit http://www.researchandmarkets.com/reports/c51566 Source: Datamonitor Datamonitor is a provider of online database and analysis services. The company is based in the United Kingdom and also has offices in the United States, Japan, and other countries.[1] The Datamonitor team includes analysts and professional researchers. |
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