Union Investment reports record AUM but lower net inflows for H1

Jonathan Boyd
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Union Investment reports record AUM but lower net inflows for H1

Union Investment has reported assets under management hit €349.1bn as of 30 June, up 4.90% on the same period a year ago, representing a new high, although the first half net inflows of €9bn were down slightly on the €11.3bn recorded for the first half of 2018. This was still a higher net inflow than the average recorded over the past decade of some €8.2bn, the manager added. It added that asset growth has outpaced the broader German AM industry, according to CEO Hans Joachim Reinke: "W...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.