EUROPE – The European asset management and investment funds bodies EAMA and FEFSI are to discuss their planned merger at extraordinary general meetings in February.

The European Asset Management Association and the Fédération Européenne des Fonds et Sociétés d'Investissement announced in June that they planned to merge.

At the time they said they expected the merger to take place “by the end of the year 2003”.

“EAMA and FEFSI are holding extraordinary general meetings in the first half of February to approve the merger,” said Robin Clark, acting secretary general at the EAMA.

He said there was a meeting on November 18 “to provide a progress report to corporate members and prospective members”. This was attended by the EAMA president Wolfgang Moessle and his FEFSI counterpart Wolfgang Mansfeld.