German open-ended funds saw the influx of funds double in April to EUR 556 mln from EUR 271 mlns in March, according to the latest figures from industry organisation BVI. However those funds, which have suspended redemptions in recent months, collected only EUR 70 mln euros.
German open-ended funds saw the influx of funds double in April to EUR 556 mln from EUR 271 mlns in March, according to the latest figures from industry organisation BVI. However those funds, which have suspended redemptions in recent months, collected only EUR 70 mln euros.
Total assets by German open-ended funds stood at EUR 86.4 bn in April. Of this figure, Union Investment accounted for the largest share or 17.4%, followed by Deka (14.1%), Commerz Real Investmentgesellschaft (12.3%), SEB Investment (8.5%) and Credit Suisse Asset Management (8,2%).
