Articles tagged: Germany
  • September 2019Opinions & Features

    Germany

    Union, Flossbach von Storch and Deka dictated the pace in July. However, it was a close race between the two leading asset managers. While Flossbach chalked up most sales in the mixed assets arena, it could not match Union’s flows in the bond category. Ultimately Union’s strength in the property category pushed it ahead. The two groups posted combined flows …
  • September 2019Opinions & Features

    Germany

    Deutsche Bank affiliate Postbank launched a campaign to attract customers to ETF-based savings plans. Back in the spring, the bank had initiated a campaign together with BlackRock offering iShares funds at a discount. It’s new for Postbank to offer savings plans for free – so far only direct- and online banks have been offering such models. From 1 September onwards, …
  • September 2019Opinions & Features

    Germany

    Thirteen new funds appeared on the market in July, combining for new subscriptions of €166m. Among the new appearances was the latest version of DWS's FlexPension range of funds. Despite this launch, these funds, which are frequently incorporated in pension provision strategies, are set to be taken off the market in November. DWS management has decided that these guaranteed funds …
  • September 2019Market Focus

    No signs of summer fatigue

    July marked yet another month of positive flows for the German fund industry. Influx to property funds slowed as the void was filled by strong investor interest in bonds and mixed asset funds. In contrast to June, investors also supported money markets and guaranteed and commodities funds in the ‘other’ category, with only the equity class recording a month of …
  • August 2019Opinions & Features

    Germany

    In June, fund launch activity slowed with only seven new funds appearing on the market for total new subscriptions of €50m. The bestselling fund was the Talanx Equity Risk Control AMI, with an intake of €14m. June closed a second quarter that saw not only a notable reduction in launch activity but also little investor enthusiasm compared to the first …
  • August 2019Opinions & Features

    Germany

    Passive investments in Germany have never been more popular! At least this could be the conclusion of the findings of a survey conducted by platform Extra-ETF, analysing data from ten leading domestic banks, among them Commerzbank, DKB and ING. According to the results, the number of ETF-based fund savings plans breached the €1bn mark in June, an increase of almost …
  • August 2019Market Focus

    Real estate puts Germany on top

    Net sales in June were positive, driven by almost equal flows to bonds, mixed assets and property funds, and closing a strong first half for the industry. In the first six months of 2019, investors withdrew substantial volumes from liquidity products and switched to other investments. While all major asset classes received support, flows to property funds stood out, accounting …
  • August 2019Opinions & Features

    Germany

    Although ZBI group topped the flows league table in the second quarter thanks to the UniImmo: Wohnen ZBI, Union Investment, the fund manager of the corporate banks, successfully defended top place in the half-year sales chart. Overall, Union net sales amounted to almost €3bn, making it a sales record for the equity and bond asset classes. However, the group had …