German funds attract €15bn inflows in April

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The German asset management industry attracted €15bn in new inflows throughout April, with the total of new inflows now amounting to €87bn this year, according to German Investment Funds Association BVI.

Bond and multi-asset funds continue to show the strongest growth levels among mutual funds, with multi-asset fund assets growing by 17.5% and bond fund assets growing by 8.1% since the beginning of this year.

While equity funds grew by only 4.6% but continue to have the largest overall volume, amounting to a total market share of 37%.

Open ended real estate funds equally reported inflows of €1.2bn, according to BVI data, they currently constitute 9% of the German fund industry’s market share.

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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