The Investment Management Forum, EFAMA’s flagship event, returns again for its 32nd year. Taking place on the 19 & 20 November 2026, in person, at the Chancellerie Auditorium of BNP Paribas Fortis in Brussels.
This event provided a premier platform for industry professionals, policymakers, regulators, and supervisors to meet, discuss, and debate the challenges and opportunities ahead.
Registration will open soon!
Below you can find the IMF 2025 video and picture highlights.
You can view more from the previous edition by visiting our 2024 webpage.
Take a look at some highlight photographs from this year’s event.
You can view further post event materials by clicking the button below.
Please check back for regular updates
Maria Luís Albuquerque is the European Commissioner for Financial Services and the Savings and Investments Union at the European Commission. With extensive experience in finance and public policy, she previously served as Portugal’s Minister of Finance, where she oversaw the country’s fiscal policies, financial sector, and economic development cooperation. Prior to this, she also served as Portugal’s Deputy Minister for Treasury, where she was responsible for the privatisation process of major state-owned enterprises. She also held various key positions in the public sector, including Head of Issuing and Markets at the Portuguese Treasury and Debt Management Agency. Beyond her government roles, Maria Luís has held senior positions in the private financial sector, including serving on the Supervisory Board and Audit, Risk, and Nomination Committees of Morgan Stanley Europe Holding and as a Non-Executive Director at Arrow Global Group Plc. She was also a member of the European Commission’s High-Level Forum on Capital Markets Union, focusing on improving retail investor participation. Maria Luís holds a BA in Economics from the Universidade Lusíada de Lisboa and a Master’s degree in Monetary and Financial Economics from the Universidade de Lisboa.
Hélène Bussières is Head of the Asset Management Unit in the Directorate General on Financial Markets, Financial Stability and Capital Markets Union (FISMA) in the European Commission. She was previously deputy Head of the Asset Management Unit and deputy Head of the Securities Market Unit, working on MiFID, MAR and the Prospectus Regulation.
Prior to joining the European Commission, Hélène spent 10 years working in different capacities in the private sector, in particular on M&A projects, deal structuring and financing and companies’ listings. She graduated from Sciences Po Paris with a major in economics and finance.
Oliver Bilal is Head of EMEA at Invesco. In this role, he leads the distribution business in Europe, the Middle East, and Africa.
Mr. Bilal joined Invesco in 2022. Prior to joining the firm, he was head of international sales and marketing at Natixis Investment Managers, where he was responsible for institutional and retail clients in EMEA, APAC (Asia-Pacific), Latin America, and US Offshore. Before that, Mr. Bilal was head of EMEA at UBS Asset Management, chief executive officer (CEO) of the Baroda Pioneer Asset Management Company in India, and head of sales and marketing at Pioneer Investments (now Amundi) in Germany. He has been in the financial services industry since 1999.
Mr. Bilal earned an MBA from the University of Chicago Booth School of Business and a master’s in banking and insurance administration from the University of Applied Sciences Braunschweig-WF. He is a Certified European Financial Analyst® (CEFA).
Chief of the Asset Management Division of Intesa Sanpaolo and CEO of Eurizon Capital SGR since April 2024. Chairman of Assogestioni since April 2025.
After earning a degree in Mathematics in 1991 from the University of Turin and obtaining a Ph.D. in Applied Mathematics for Economics and Finance from the University of Trieste in 1995, as well as a period as an academic researcher, she has held various roles with increasing responsibilities in the financial and insurance industries since 1997. These roles have been mainly in areas such as risk management, asset-liability management, capital management, valuation, planning, and control for asset management companies and insurance companies.
In 2011, she joined Aviva Italia as Chief Risk Officer, a role held until 2014. After her experience as Chief Risk Officer of Poste Vita, in 2016, she took on the role of Chief Financial Officer of Intesa Sanpaolo Assicurazioni and Head of Financial Planning and Control for the Insurance Division of Intesa Sanpaolo.
In 2017, she was appointed CEO and General Manager of Fideuram Vita, a role held until April 2024. Until the same date, she also coordinated as Deputy General Manager of Intesa Sanpaolo Vita Life subsidiaries and the development of the ESG program of the Insurance Division.
She has been a member of the Board of Directors of Intesa Sanpaolo Life Ireland from 2017 to November 2023.
Matthew H. Malloy, Managing Director, joined the firm in 2015. Matt is the Head of the Global Institutional Client Group, Head of EMEA and CEO of Neuberger
Berman Europe Ltd. Additionally, Matt oversees the Insurance Solutions business and is a member of the firm’s Partnership Committee. Before joining the firm, Matt
was Global Head of the Institutional Solutions Group at J.P. Morgan Asset Management and built and led the firm’s Global Insurance Solutions business. Prior to J.P. Morgan Asset Management, Matt was a Managing Director at Goldman Sachs Asset Management; and worked for several years as a Managing Director in
Financial Institutions Investment Banking with UBS Investment Bank and Merrill Lynch. Matt serves on the board of Brick Education Network in Newark, NJ. He
holds a BA from Washington & Lee University and an MBA from the Fuqua School of Business, Duke University.
Navigating Current Geopolitical Complexities
You can download a PDF version of the agenda here
Registration and Networking Lunch
Welcome remarks
Keynote speech
CEO Panel
Networking Break
The Future of Trading: How DLT and Tokenisation are Reshaping Capital Markets
Distributed ledger technology (DLT) is transforming equity and bond markets. From the rise of 24/7 trading to the tokenisation of securities, the shift is forcing a strategic response from traditional trading venues while boosting the growth of digital-native platforms. Regulatory frameworks are evolving to enable these changes while maintaining high levels of investor protection. For the buy-side, this transition raises many questions within this complex new reality. Our panel will explore how to navigate this emerging ecosystem: what are the implications for execution and portfolio strategies, how will operational models change, and how will relationships with brokers, custodians, and other service providers be redefined in a tokenized world?
Sustainability at a Crossroads: A Conversation on Leading Through Change and Complexity
The landscape of sustainable investing is evolving. What was once a broad consensus is now subject to more nuanced debate, from reassessing traditional sector exclusions like defense to streamlining complex reporting frameworks. As global approaches diverge, Chief Sustainability Officers (CSOs) must navigate complex trade-offs and define their views and convictions. In this on-stage conversation, two CSOs look beyond regulatory compliance to discuss the current realities of sustainable finance and stewardship. They will explore how biodiversity and natural capital are being integrated into valuations, assess the practical pace of the energy transition, and share how corporate engagement strategies are adapting to changing political and macroeconomic environments.
The MISP Mandate: Powering a Borderless Market for Asset Managers and Investment Funds
Policymakers are committed to delivering a Savings & Investment Union (SIU) in Europe, including more integrated capital markets that can compete globally. The Commission’s ambitious Market Integration and Supervision Package (MISP) proposes significant reforms, including a streamlined fund passport, simplified delegation regime, and a larger role for ESMA, in order to improve cross-border asset management. Our panel of policymakers and industry experts will discuss which reforms have the greatest potential for the SIU, whether they are politically achievable, and the extent to which they will contribute to the integration of EU capital markets
Cocktail Reception for all participants
Welcome Coffee
Welcome Day 2
Keynote Speech
Incumbents, Innovators and Influencers: The New Distribution Ecosystem
The way investors access and engage with financial products is changing rapidly. Digital platforms, new market entrants, and evolving investor expectations – especially among younger generations – are reshaping the distribution landscape and transforming the investor journey across Europe. At the same time, traditional distributors and asset managers continue to play a vital role, providing crucial advice and investment solutions. This panel brings together leaders from digital platforms, asset managers, traditional distributors, academia and financial influencers to explore how investment distribution is evolving, what drives investor engagement, the roles of emerging and established actors, and the opportunities and challenges of digitalisation.
Networking Break
Fireside Chat
Presentation
This panel will discuss the structural inefficiencies, lack of agility, and overlapping mandates that often hamper the EU’s financial regulatory and supervisory framework. Despite good intentions, the decision-making process in Brussels is frequently criticized for being too slow, complex, and unresponsive to market realities. Panelists will explore how to strike the right balance between political oversight, technical expertise, and industry input, while ensuring better coordination among EU institutions, national regulators, and supervisory bodies. The session will also examine how to streamline legislative processes, improve the quality and impact assessments of new rules, and create a regulatory environment that fosters innovation, competitiveness, and investor trust.
The UCITS Gold Standard: Modernizing Assets, Preserving Trust
Nearly two decades from the original UCITS eligible assets directive (EAD), innovations in portfolio management techniques, available asset classes and client demands have substantially evolved. This calls into question conventional portfolio construction techniques, including the traditional 60/40 portfolio. With the emergence of ‘thematic’ strategies, sectoral ‘tilts’, and indirect exposures to non-eligible assets, UCITS portfolios have become more varied, versatile, and diversified. While the evolution of UCITS has been responsive to modern investors’ needs, there is a growing public debate over the tension between market flexibility and the traditional pillars of investor protection. Our panel of experts will examine the path forward: identifying how to update eligibility rules without compromising the UCITS brand in Europe and beyond.
Concluding Remarks
Networking Lunch
Sponsored By
Morningstar, Inc. Morningstar, Inc. is a leading provider of independent investment insights in North America, Europe, Australia, and Asia. The Company offers an extensive line of products and services for individual investors, financial advisors, asset managers and owners, retirement plan providers and sponsors, institutional investors in the debt and private capital markets, and alliances and redistributors. Morningstar provides data and research insights on a wide range of investment offerings, including managed investment products, publicly listed companies, private capital markets, debt securities, and real-time global market data. Morningstar also offers investment management services through its investment advisory subsidiaries, with approximately $341 billion in AUMA as of March 31, 2025. The Company operates through wholly-owned subsidiaries in 32 countries.
Simmons & Simmons We’re not just a law firm. We’re part of the industry. We provide a complete range of legal services and advice to clients across the world of asset management. Our immersion in the sector enables us to go beyond technical legal guidance, delivering rounded, actionable strategic advice.
Waystone Waystone leads the way in specialist services for the asset management industry.
Partnering institutional investors, investment funds and asset managers, Waystone builds, supports and protects investment structures and strategies worldwide. With over 20 years’ experience and a comprehensive range of specialist services to its name, Waystone is now serving assets under management in excess of $2Tn.
Waystone provides its clients with the guidance and tools to allow them to focus on managing their investment goals with confidence.
Address: Rue de la Chancellerie 1, 1000 Bruxelles
If you are driving to the venue, the closest car park is Interparking Albertina, using the entrance located on rue des Sols.
This car park is a 3 minute walk from the conference venue, crossing the Ravenstein Gallery
Note: Accommodation has not been booked for you. Hotels are subject to availability and best available rate at the time of booking.
Address: Rue Marche aux Herbes, Rue du Marché Aux Herbes 110, 1000 Bruxelles, Belgium
Approximately 5 minute walk from the event venue
Address: Grasmarkt, Rue du Marché Aux Herbes 100, 1000 Bruxelles, Belgium
Approximately 5 minute walk to the event venue
Address: Stormstraat 15, 1000 Brussel, Belgium
Approximately 4 minutes walk from the event venue
Address: Rue du Marché Aux Herbes, Brussels, Belgium
Approximately 7 minute walk to the event venue
Address: Rue de l’Amigo 1-3, 1000 Brussels
Approximately 11 minute walk to the event venue
Address: Carrefour de l’Europe 3, 1000 Brussels
Approximately 5 minute walk to the event venue
Address: Rue du Marché aux Herbes, 1000 Brussels
Approximately 7 minute walk to the event venue
Address: Boulevard de Waterloo 38, 1000 Brussels
Approximately 16 minute walk to the event venue
If you have any questions or you are interested in finding out more about the sponsorship opportunities available, please contact Miriam Brunson, EFAMA at info@efama.org
For more information on event logistics for IMF, please contact us using efama@forum-europe.com