German fund industry attracts €7bn inflows in April

Inflows into German funds have almost doubled in April, attracting €7bn, compared to 4€bn the previous month, according to the latest data provided by German Investment Funds Asssociation BVI.

Inflows were mainly driven by Spezialfonds, which attracted €5.1bn compared to €1bn for mutual funds and €1bn for independent mandates.

Among mutual funds, multi-asset appeared to regain popularity, attracting €1.5bn, followed by open ended real estate (€0.5bn) and money market funds (€03.bn) while equity (-€0.2bn)and bond funds (-€0.5bn) attracted net outflows.

Nevertheless, equity funds remain the most popular asset class in total terms, currently holding €301bn, of which 26% in ETFs.

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.

Read more from Mona Dohle

preloader
Close Window
View the Magazine





You need to fill all required fields!