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Swiss funds AUM up strongly in January, reports SFA

Swiss Aces

Buoyant capital markets worldwide helped boost the total volume of assets in Swiss funds by CHF18.2bn in January, according to figures from the Swiss Funds Association (SFA).

That boost took the total volume of assets to CHF648.9bn by the month's end, also helped by net inflow totalling CHF2.43bn.

Every fund categoary except asset allocation funds experienced a boost in AUM as well as positive net inflows.

Matthäus Den Otter, CEO of the SFA, said that the picture for Swiss funds was "pleasing".

"The growth in volumes in January came on the back of the unexpectedly positive showing on the capital markets. Investors appear to have found fresh trust in equity investments. That said, certain categories of bond funds have also profited from the brighter underlying mood,"

Fund category Volumes Jan 2012 Volumes Dec 2011 Change Net inflows/outflows
Equity funds 206,059 197,092 8,967 1,206.80
Bond funds 208,562 203,487 5,075 956.4
Money market funds 86,867 86,729 138 187.4
Asset allocation funds 73,405 71,855 1,550 -16.1
Other funds 47,405 44,862 2,543 67.4
Real estate funds 26,579 26,607 -28 21.6
Total Swiss market 648,877 630,632 18,245 2,423.50

 

Provider Volumes Jan 2012 Volumes Dec 2011 Market share Jan 2012
UBS 149,991 146621 23.12
Credit Suisse 97,613 95,239 15.04
Pictet 49,463 47,638 7.62
Swisscanto 41,735 41,429 6.43
Zürcher Kantonalbank 32,184 30,016 4.96
Swiss & Global Asset Management 30,126 28,871 4.64
Lombard Odier 17,308 16,825 2.67
JPMorgan 14,265 14,344 2.2
Clariden Leu 12,602 12,961 1.94
BlackRock 10,399 9,950 1.6

 Source: SFA

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