Assets managed by Dutch investment funds increased by 7.8% to a total of €807bn in the first quarter of 2015, according to data provided by Dutch central bank DNB.
The strong growth of Dutch fund assets is largely driven by record total returns of 10.3% or €74.8bn compared to the previous quarter, including interest and dividend income. This has been the highest figure on record since statistics on investment institutions began.
Equity and bond funds, in particular, saw their invested assets grow substantially, by €24.7bn and €20.8bn, respectively.
At the same time, net withdrawals from investment institutions dampened the increase in assets under management for the second consecutive quarter, with net outflows amounting to a total of €15.3m in Q12015 or .9% of total assets under management.
Key drivers of outflows were pension funds, which withdrew €9bn and insurers which withdrew €4bn from investment institutions.