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Germany investment fund assets and sales

Germany's investment fund assets and net sales, published monthly by the Deutsche Bundesbank.

Source: Deutsche BundesbankLast updated: Curated by Bui Thanh Phuc

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Indicator08-202607-202606-202605-202604-202603-202602-202601-202612-202511-202510-202509-202508-202507-202506-202505-202504-202503-202502-202501-202512-202411-202410-202409-202408-202407-202406-202405-202404-202403-202402-202401-202412-202311-202310-202309-202308-2023
Assets under management3
Public funds1
Funds total10845,784834,804836,440829,499800,703764,775802,763786,851773,001767,083767,478751,377742,131740,030726,473724,227695,609706,357730,496729,344710,186714,853701,222702,780697,928694,588693,333688,477680,622687,800667,607658,032650,206636,540620,279641,752648,423
Equity funds443,840435,990435,796429,755407,941381,053408,293396,810387,195383,216382,806370,657363,159361,247350,722349,025327,278335,808353,143352,412336,013338,332327,620328,183325,402322,945322,614318,040312,021316,806305,416296,126289,583280,311263,789273,448276,591
Bond funds69,57869,72469,91068,99267,98467,09167,61866,21565,41566,89067,05666,37766,59866,25765,24164,21862,44862,09862,30361,62261,33561,70761,63361,63861,17760,47859,69859,35059,20159,17558,76059,24159,44958,27757,44658,88959,848
Mixed securities funds154,571152,646153,400152,969149,120143,862150,973148,948146,426146,476146,493143,990142,428142,195140,333139,955135,912137,553142,216142,051138,600139,720137,121137,579136,337136,312135,632133,160131,682133,498131,478130,952129,405126,790121,277130,537132,606
Money market funds6,8456,7696,8416,9096,9556,6056,3826,3446,2686,3996,4336,4716,5306,4586,4946,4196,3805,8565,6035,5095,3135,2545,4855,4145,1374,6234,4174,2454,1403,9093,7153,6823,5293,3633,2633,3823,313
Real estate funds106,407107,201108,206109,239109,606110,021110,827111,580112,689113,957114,782115,499116,146116,865118,008119,179119,734120,477121,345122,059123,469124,421125,045125,765126,292127,045127,955131,369131,781132,186126,222126,633127,197127,936132,337132,347132,293
Funds of funds51,16449,53049,50248,67046,56444,07546,04244,67143,47740,20840,03138,64337,86037,57736,41436,17934,72935,61936,88036,57736,08336,08635,15135,03334,55534,34534,28933,68733,31233,82633,25532,84032,47431,40430,26631,06331,656
Hedge funds3,0893,0533,0643,0202,9222,7932,9162,7822,747000000000000000000000000000
Pension investment funds723719722712685657702686677750752737730731719722699705732731633635629636633628630629623634619615609595570585593
Derivative funds1,1171,0981,0831,0581,0269951,015952939907903929895896898907904833717713697688675660629580530515484475438423406391337333295
Other funds7,0896,8406,7076,8656,6736,4476,7086,6396,0717,2517,2227,0486,8266,8856,7486,7326,6586,5356,6896,8077,2187,1637,0066,9936,9346,7986,7296,6746,5776,5366,9406,7996,8306,83310,76110,94611,025
Special investors funds1
Funds total72,341,4062,331,5762,345,6122,328,1332,279,8372,224,5842,297,7792,264,3892,235,3602,235,5982,235,0132,203,3232,182,7652,174,1232,158,1302,157,8442,132,7752,131,9242,176,4902,162,1792,132,2802,156,7302,123,6922,133,8542,115,3972,108,7272,084,2762,068,5832,056,5982,074,2242,052,8452,047,3262,038,7541,989,7681,934,7941,953,4891,982,394
Equity funds157,504156,352157,951155,717148,488139,845150,079144,759141,115142,143141,667137,133133,663132,156129,262131,036123,388124,971130,494130,781124,097125,687121,321123,039121,050121,310125,578123,834121,991122,748120,910118,558117,941115,427112,097116,363121,024
Bond funds431,793432,635437,896434,734429,970426,382436,922429,891427,024416,760418,917415,415411,791410,977408,590408,041406,854402,607411,452404,237401,902411,870410,356416,831412,578411,128403,570398,963398,299408,605402,151403,720401,984387,874374,214373,477382,729
Mixed securities funds1,227,8481,220,3951,229,7711,218,9571,188,7631,165,0611,210,5901,193,7541,176,7951,186,5871,188,3081,169,5161,159,0091,154,6281,145,9351,146,0911,133,8261,135,4151,162,0591,154,2431,136,4491,149,4741,128,2691,132,0891,123,0321,117,7861,098,3691,093,1571,085,5851,089,9171,073,8441,069,7041,064,1461,038,9741,010,9771,023,3891,036,434
Money market funds025252500000000000000000
Real estate funds181,623181,108180,732180,171179,921180,424179,383179,151178,723181,181180,846181,096180,765180,495180,513180,743180,214179,907179,569179,306178,396178,667178,231178,064177,469177,464177,414175,870175,924175,592182,037181,823182,227180,993177,471177,886177,275
Funds of funds208,364207,338204,447203,958200,274187,485192,053190,244187,661178,473176,188173,523172,331171,216168,519164,801163,143164,021166,001165,480163,101161,961157,956158,260156,493156,434155,079153,863152,472154,080152,758151,751150,736147,882144,112145,882147,059
Other funds130,168129,665130,694130,544128,407121,483124,844122,703120,192122,595121,262119,002117,672117,167118,117119,998118,379117,904119,672120,920115,378116,287115,020112,856112,196112,075111,446110,167109,922110,565108,755109,519109,515107,444105,144105,595107,007
Closed-end funds1
Funds total1106,707105,134104,026103,469102,541101,525101,56399,90897,43197,78397,34096,35595,72595,37395,31695,12494,41594,10193,11693,44493,78690,10190,23789,74788,04087,66887,63285,99585,47584,98785,17483,75984,56284,26083,32682,50182,284
Real estate funds42,42641,58641,60441,17741,02641,02940,63440,52640,41940,30240,49540,59539,86939,89240,13240,22740,12440,09939,78839,77539,18439,22539,29639,30939,17339,25339,61739,47139,44839,26339,35238,84839,05939,04238,86338,86338,800
Net sales3
Public funds1
Funds total101,1591,6331,0403,533-3632,0384,7252,8474422,3611,2174622,5641,4643,2803,819-3073,7732,252-1,310-438-1,841559321723225461210742-1,070-1,095-457-1,536592-1,26970213
Equity funds1,2701,3363272,120-8401,1453,1681,7891,4042,2341,0451,0242,2801,4551,9801,621-6493,2102,187435-24-353614506508459711-688936351-177-5941,441461,274144
Bond funds-50308550722458832957437-34222275-3113407819921,608148667337-11-34-356354-2743310916257460-19-145-205-10-143-279-23687
Mixed securities funds-25-88-43549-191-163371325-3232379291234233208712195151335-102-445160-3-137-2-234228-286-627-893-24-843-491-611-252-339
Money market funds64-83-81-233442368465-194-31-48-6962-4463865202538318446-231562604072851611372201882314115693-13061115
Real estate funds-611-619-336-517-511-668-694-420-848-597-496-576-610-889-249-581-691-870-730-499-611-571-688-477-725-729-241-463-481-455-430-19-182-276-139-115-40
Funds of funds4245585396243485806604013112753682272223101961788424227814914711359395822-110-35-213-77-139-112-44-123-67-79
Hedge funds0000-14068-8-12000000000000000000000000000
Pension investment funds-20-2-1-2-2-2-2-4-2-2-1-20-2-2-2-2-3-4-3-3-2-1-2-4-1-2-2-3-2-2-4-2-2-1-1
Derivative funds982720-1-657817-1-3726-9-10-20-11771468614-1152545491122113311141140445136
Other funds70203482030584724313029395146-170-43917919-65481194-14-1113331-720-37-2056-56-21-30-46-25-43
Special investors funds1
Funds total72,4098,3711,6407,6331,7532832,8715,17722,9048,10911,2532,4685,4023,449-1,0678143,6891,6694,2606,76113,1193,6165,006-208-1,4911,7441,1901729,417-1,259-36310,83912,506-3,865-1,1861,4114,720
Equity funds-288-355-75-153-332387-169-3181,0221,5888547211,309442-567-26649406-59-288460791-9840-8-5,427-897-4321,540-1,322-836-510-387-2,255-624-465-1,057
Bond funds7821,587170667-3563,9931,2104206,0393072961,2184442,385-69-63496-673,0581,602831-2,639-2,293-121-1,667786-70-899605863255,9223,054-242673351-361
Mixed securities funds1,5792,0072,0245,9151,412-5,1551,3111,3869,1411,4917,910-762,309-135-1,819-3471,864-1462,9953,7294,7921,8254,839-2,4372936,5771,182886,907-1,6521584,1163,737-1,807-1,0447354,026
Money market funds000000000000000000000
Real estate funds27857111143921235531065270981235889191205536273624031378281,0611,0835881,0162562334424078143884436881,588369404698761
Funds of funds-2504,145-274986032071731,0905,4422,6637673044061,8793,206100366781-1137225,2952,355629573-190296279286-843601489004,038420-400122986
Other funds283475-616257100486351,8955581,228955197709-1,466-1,886512-34269-1,774635662321,482-157-259-374161-109152634-608-267447-349-197-60362
Closed-end funds1
Funds total15967099744628832941981,0352082068013446534210401613526-4026601,285279283252829-35643222293204975183741,187539113294
Real estate funds379141014212-47-25-210-29-63117362951-83223-22397167-4649-12106-8214789344745016083168713

Latest reading

The series on this page is monthly and runs from Jan 1950 to Aug 2026. Source: Deutsche Bundesbank.

About this data

Germany's investment fund assets and net sales, published monthly by the Deutsche Bundesbank. The table details total assets under management in EUR million and new money flows across different fund types. Breakdowns include equity funds, bond funds, real estate funds, money market funds and hedge funds. The data is available since 1948, allowing analysts to separate growth coming from investors versus markets over time.

Frequently asked questions

What is the latest figure for Germany investment fund assets and sales?
Funds total stood at 845,784 EUR million in Aug 2026. That is +1.3% from Jul 2026 and +14.0% from a year earlier.
Is Germany investment fund assets and sales at a high or a low right now?
The reading of 845,784 EUR million is the highest in data going back to Jan 1950.
How far back does the Germany investment fund assets and sales data go?
The series on this page is monthly and runs from Jan 1950 to Aug 2026. Source: Deutsche Bundesbank. Every series in the table can be charted over its full history and downloaded as CSV or Excel.
What do Germany investment fund statistics measure?
Germany investment fund statistics measure the total assets under management and the net sales of German investment funds. Net sales represent new money invested minus redemptions, separating investor flows from market growth.
Which types of German investment funds are tracked?
The data includes total funds and breakdowns by fund type. These cover equity funds, bond funds, mixed securities funds, money market funds, real estate funds, hedge funds and pension investment funds.
In what units are the German investment fund assets reported?
Both the assets under management and the net sales of German investment funds are reported in EUR million. This allows for direct comparison of total stocks and monthly investor flows.