Union Investment reports record AUM but lower net inflows for H1

Jonathan Boyd
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.