German asset management industry reaches record

Ridhima Sharma
clock • 3 min read

The majority of the assets are held by open-ended Spezialfonds (€1,875bn), ahead of open-ended retail funds at €1,116bn. Over the past ten years, the asset management industry's total asset volume has almost doubled (€1,706bn at the end of 2009). "Last year, the solid sentiment in the financial markets had a positive effect on the fund industry. In light of rising share prices and inflows, the assets managed by fund companies reached a new record high of €3,398bn. This is an increase of 15 per cent on the previous year", said Tobias C. Pross, president of the German Investment Funds Asso...

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?