Swiss funds AUM up strongly in January, reports SFA
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|
|Money market funds||86,867||86,729||138||187.4|
|Asset allocation funds||73,405||71,855||1,550||-16.1|
|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|
|Swiss & Global Asset Management||30,126||28,871||4.64|