German funds reach new record of €3.3 trillion

Assets in the German funds industry grew 12.7% to a new record of €3.329 trillion in the nine months to end September, according to new data from the German funds association BVI.

The rise, from €2.954 trillion at the beginning of the year, was, according to the BVI, primarily driven by price increases in equities in stock markets worldwide.

Assets in open-ended so-called Spezialfonds reached €1.838 trillion while open-ended retail funds rose to €1.079 trillion.

During the first three quarters of 2019 German fund companies attracted fresh inflows of €68.2 billion: up from the €64.1 billion of inflows in the first nine months of 2018.

Net assets in property funds rose to €213 billion, up from €188 billion at the end of September 2018, as investment houses increased their focus on Germany.

©2019 funds europe

HAVE YOU READ?

THOUGHT LEADERSHIP

Innovative US companies are providing some of the solutions to the climate crisis and transition to a more sustainable economy. We see potential opportunities in areas including renewable energy and…
FIND OUT MORE
This white paper outlines key challenges impeding the growth of private markets and explores how technological innovation can provide solutions to unlock access to private market funds for a growing…
DOWNLOAD NOW

IRELAND SPOTLIGHT

Visit our dedicated Ireland channel for all the latest news and analysis on the country's investment industry.
READ MORE

PRIVATE MARKETS FUND ADMIN REPORT

Private_Markets_Fund_Admin_Report

LATEST PODCAST