Fri, Jul 3, 2020
A A A
Welcome Guest
Free Trial RSS
Get FREE trial access to our award winning publications
Industry Updates

Swiss fund market stable at high level

Wednesday, February 19, 2020
Opalesque Industry Update - In January 2020, the volume of assets placed in the investment funds covered by the statistics compiled by Swiss Fund Data AG and Morningstar stood at CHF 1,241.0 billion, on a par with December 2019. Net inflows totaled CHF 10.7 billion. The volume of assets entrusted by investors in Switzerland to the fund industry came to CHF 1,241,016 million in January 2020 (December 2019: CHF 1,241,020 million).

"Following the pronounced uptrend last year, a consolidation was on the cards for January. Most of the leading stock exchanges moved sideways during the month, so there was little change in the volume of the Swiss fund market. It is pleasing to note that the positive trend in net inflows continued and in fact accelerated somewhat compared with the prior months. New money was invested in all fund categories, with bond funds attracting the most," explained Markus Fuchs, Managing Director of the Swiss Funds & Asset Management Association SFAMA.

By comparison, the figures for selected indexes in January 2020 were as follows (December 2019 in brackets): Dow Jones -0.99% (1.74%), S&P 500 -0.16% (2.86%), EURO STOXX 50 -2.78% (1.12%), SMI 0.10% (1.18%), SBI 1.93% (-1.02%), and Bloomberg Barclays US Aggregate Bond Index 1.92% (-0.07%). The CHF gained 1.53% against the EUR and 0.41% against the USD.

Net inflows totaled CHF 10.7 billion in January 2020. Bond funds were out in front with CHF 5.2 billion, followed by equity funds with CHF 2.1 billion and money market funds with CHF 1.7 billion. There were no changes in the ranking of the most popular asset classes: equity funds 42.45%, bond funds 31.30%, mixed-asset funds 11.03%, and money market funds 8.87%.



Press release
Bg

Article source - Opalesque is not responsible for the content of external internet sites

What do you think?

   Use "anonymous" as my name    |   Alert me via email on new comments   |   
Today's Exclusives Today's Other Voices More Exclusives
Previous Opalesque Exclusives                                  
More Other Voices
Previous Other Voices                                               
Access Alternative Market Briefing

 



  • Top Forwarded
  • Top Tracked
  • Top Searched
  1. Tech: Quants sound warning as everyone chases same alternative data[more]

    From Bloomberg: When the pandemic struck, George Mussalli used social media and Google searches to suss out which companies were gripped by a sudden collapse in sales. By scraping bulletin boards for clues on staff morale, the quant at PanAgora Asset Management dug deep for high-frequency insigh

  2. PE/VC: Elizabeth Warren demands answers from private equity industry on coronavirus response, lobbying, Private equity on the prowl for distressed companies, New crop of venture firms takes aim at individual disease areas, British venture capital has $10.44bn ready to invest in fast-growth businesses[more]

    Elizabeth Warren demands answers from private equity industry on coronavirus response, lobbying From CNBC: Sen. Elizabeth Warren has written to the CEO of private equity lobbying group the American Investment Council, demanding more information about the organization's efforts related t

  3. New Launches: GP Bullhound raises $141m for its fifth tech fund, LBC Credit Partners V aims to raise $1bn, B Capital shores up $820m in second fund, BayernKapital closes second Bavarian Growth Fund, PGIM Investments launches global corporate ESG bond fund, MSIM launches Paris Agreement-aligned global balanced sustainable fund, Unigestion announces closes for Secondary V and Direct II, Waterton plans $1.25bn fundraise for latest US apartment fund[more]

    GP Bullhound raises $141m for its fifth tech fund From PE News: Technology-focused investment firm GP Bullhound has held the first close of its latest fund with €125m ($141m) of capital commitments. GP Bullhound Fund V is a pan-European venture capital fund targeting primarily l

  4. SWF: UK's Future Fund expansion 'fails to hit the mark', claim business leaders[more]

    From Telegraph: Britain's start-up rescue fund, which has been extended to include UK startups that have moved the headquarters overseas, still "fails to hit the mark" for many early-stage companies, business leaders have warned. The Future Fund, launched in May, provides Government funding of

  5. PE/VC: Disruption from COVID-19 hits ASEAN private equity hard, VCs see much to like in Democrats' $1.5tn Moving Forward Act, US PE firms play the long game as deal-making comes back into focus[more]

    Disruption from COVID-19 hits ASEAN private equity hard Opalesque Industry Update - After a strong 2019, the ASEAN private equity industry has been shaken by the outbreak of the COVID-19 pandemic, reports Preqin. As of September 2019, ASEAN-focused private equity and venture capital asset