Assets under custody increased in Germany

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Assets held by the 48 custodians based in Germany have increased to €1.496,2bn, according to the latest data released by the German Investment Funds association BVI.

This represents a gradual increase compared to roughly €1.419,6bnYoY. The market remains concentrated, with the ten biggest deposit banks covering a market share of 82%.

The biggest deposit bank in Germany is the Frankfurt branch of BNP Paribas Securities Services, which has €227.8bn in assets under custody, followed by State Street with €212.2bn, BNY Mellon with €152.3bn and JP Morgan with €134.7bn.

Hamburg

InvestmentEurope is delighted to announce the Autumn Pan-European Fund Selector Summit , to be held on 15-17 October, 2014 in Hamburg

Click here for further details: http:// http://www.investmenteurope.net/events/

 

 

ABOUT THE AUTHOR
Mona Dohle
Mona Dohle speaks German and Dutch, she is DACH & Benelux Correspondent for InvestmentEurope. Prior to that, she worked as a journalist in Egypt and Palestine. She started her career as a journalist working for a local German newspaper. Mona graduated with an MSc in Development Studies from SOAS and has completed the CISI Certificate in International Wealth and Investment Management.

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