German fund industry net inflow hits €24bn in Q1 2019

clock
German fund industry net inflow hits €24bn in Q1 2019

Fund companies in Germany saw net inflows to the tune of €24.5bn during the first quarter 2019, as reported by German Investment Funds Association (BVI). At €23.8bn, open-ended Spezialfonds remain the driver of new business. Open-ended retail funds registered outflows totalling €2.2bn. The last time their new business in a starting quarter recorded a lower figure, at minus €4.8bn, was in the first quarter of 2014. Closed-ended funds brought in €0.7bn year to date, while discretionary mandates...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login