Christian W. Röhl

Germany: Fund industry grows by 6 per cent ▪️ Equity funds with record assets ▪️ Bond funds with highest sales since 2012 ▪️ Balanced funds and property funds with outflows ▪️ Decline in new business for Spezialfonds The fund industry manages a record EUR 4,413 billion in assets for investors in Germany as at the end of September. This is an increase of over 6 per cent since the beginning of the year (EUR 4,149 billion). At EUR 2,183 billion, the majority is accounted for by open-ended Spezialfonds for institutional investors. These are primarily retirement pension schemes (EUR 768 billion) and insurers (EUR 536 billion). The fund companies manage EUR 1,524 billion in open-ended retail funds, EUR 645 billion in mandates and EUR 61 billion in closed-ended funds. In the first nine months of the year, the industry received net new money totalling EUR 21.3 billion. Open-ended retail funds accounted for EUR 20.6 billion of this, compared to EUR 14.0 billion in the same period last year. For further information, please see the press release: https://lnkd.in/eUKaYcPm Peggy Steffen Christiane Lang Frank Bock Volker Weber Magdalena Kuper Kai Schulze Yvonne Schulz Sebastian Oys Christian Anger Moritz Bartsch Rudolf Siebel Felix Ertl Daniel Mettlach Marius Seibert Jenny Seydel Marc Bubeck Sebastian Krämer- Bach Klaus Papenbrock Dr. Sinan York Temelli Cvetelina Todorova Jasmine Carolin Schimke

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Private debt AUM to hit $2.64tn by 2029 22.09.2024 - Investoren Plattform Weekend News: Private Debt Private debt assets under management (AUM) are set to reach an all-time high of $2.64tn (£2tn) by 2029, with direct lending predicted to maintain its dominant position. A new report from industry data provider Preqin forecast a 9.88 per cent compound annual growth rate for overall private debt from the end of 2023 to 2029. […] und mehr als 9.200 weitere Artikel finden Sie unter: https://lnkd.in/eYzxGH5k

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Private debt investors took defensive approach in 2024 13.12.2024 - Investoren Plattform News: Private Debt A challenging fundraising environment saw private debt investors adopt a more defensive approach in 2024, according to new Preqin research. Although private debt fundraising saw a substantial recovery after a slow first quarter in 2024, analysts found that it was not enough to make up the ground lost during the first three months of the […] und mehr als 10.100 weitere Artikel finden Sie unter: https://lnkd.in/eYzxGH5k

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Private markets remain muted in Q3, but recent interest rate cuts could prove a tailwind 06.11.2024 - Investoren Plattform News: Private Debt The latest Preqin Quarterly Updates show challenging fundraising and deal-making conditions for fund managers across most asset classes and regions. But interest rate cuts around the world could provide a tailwind in the final quarter of 2024. und mehr als 9.700 weitere Artikel finden Sie unter: https://lnkd.in/eYzxGH5k

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In the latest issue of BILANZ Wirtschaftsmagazin, the evolving landscape of private equity is in the spotlight. Once a key asset reserved for institutional investors, private equity is now accessible to a broader range of investors. As private markets grow, opportunities once reserved for the super-wealthy are now within reach, driven by the "democratization of private equity." At Petiole, we recognized this trend 20 years ago and have built a long track record of providing clients with access to well-diversified global portfolios. As the market continues to open, Petiole leads the way, bringing the expertise and global network needed to navigate this fast-growing asset class. #PrivateMarkets #InvestmentOpportunities #WealthStrategy

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German fund industry is progressing.

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Wondering about asset allocation in uncertain times? 🤔 April brought geopolitical risks and high prices across various assets. Check out Vontobel's latest report on navigating this #macroeconomic landscape and evolving #assetallocation strategies: https://bit.ly/4bp2n7s

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25.04.2024 - Investoren Plattform News: Private Debt Private credit: The growth story in direct lending continues Assets are up and activity abounds in the upper, middle and lower markets. The growth of the private credit market has been nothing short of breathtaking and, in just a few short years, interest has skyrocketed along with assets under management. What was once a niche corner of the alternative investment landscape, private debt – […] und mehr als 7.100 weitere Artikel finden Sie unter:  https://lnkd.in/eYzxGH5k

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Preqin 2025 Global Report: Private Debt 11.01.2025 - Investoren Plattform News: Private Debt Fundraising began to recover after a challenging first quarter in 2024, but full-year levels are expected to fall short of those seen in 2023. Direct lending continues to be the most favored major strategy among investors, but there has been a pullback in sentiment compared with the same time 12 months ago. Regulatory changes for […] und mehr als 10.400 weitere Artikel finden Sie unter: https://lnkd.in/eYzxGH5k

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Webinar: What’s Next for Private Credit? 29.10.2024 - Investoren Plattform News: Private Debt Join us on Thursday, November 21st to explore the latest insights into private credit markets. Private credit has been on the rise in an environment of higher-for-longer interest rates. And as increasingly sophisticated institutional investors seek greater diversification, they are looking to private credit for attractive returns. But how are analysts viewing current market conditions, […] und mehr als 9.600 weitere Artikel finden Sie unter: https://lnkd.in/eYzxGH5k

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26.04.2024 - Investoren Plattform News: Private Debt Private credit: The growth story in direct lending continues Assets are up and activity abounds in the upper, middle and lower markets. The growth of the private credit market has been nothing short of breathtaking and, in just a few short years, interest has skyrocketed along with assets under management. What was once a niche corner of the alternative investment landscape, private debt – […] und mehr als 7.200 weitere Artikel finden Sie unter:  https://lnkd.in/eYzxGH5k

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German fund industry grows by 9 per cent year-on-year: ◾ Equity funds are the largest group ◾ Bond funds top the sales list ◾ Spezialfonds: Outsourcing of portfolio management is widespread Fund companies had a total of EUR 4,289 billion AuM for investors in Germany as at 31 March 2024, an increase of nine per cent in the last twelve months (31 March 2023: EUR 3,922 billion). This means that assets are only slightly below the all-time high of EUR 4,311 billion at the end of 2021. The majority, at EUR 2,125 billion, is attributable to open-ended Spezialfonds for institutional investors. These are primarily retirement benefit schemes (EUR 748 billion) and insurance companies (EUR 543 billion). The fund companies manage EUR 1,459 billion in open-ended retail funds. Equity funds account for EUR 680 billion of this total. Their share has risen from 36 to 47 per cent in the last five years, mainly due to the rise in stock prices. Next come balanced funds with EUR 350 billion and bond funds with EUR 217 billion. Their share fell from 28 to 24 per cent and 20 to 15 per cent respectively. The net assets of property funds totalled EUR 129 billion. In the first quarter of 2024, the fund industry received a net inflow of EUR 21.7 billion in Germany. Open-ended Spezialfonds accounted for EUR 9.5 billion of this. Open-ended retail funds attracted EUR 3.8 billion. This is above the average value for the quarters in 2023 (EUR 3.2 billion). For further information, please see the press release: ▶ https://lnkd.in/ec7qJa56 Peggy Steffen Christiane Lang Frank Bock Volker Weber Magdalena Kuper Kai Schulze Yvonne Schulz Sebastian Oys Christian Anger Moritz Bartsch Rudolf Siebel Felix Ertl Daniel Mettlach Marius Seibert Jenny Seydel Marc Bubeck Sebastian Krämer- Bach Klaus Papenbrock Dr. Sinan York Temelli Cvetelina Todorova Jasmine Carolin Schimke #share #funds #bonds

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Private markets for Private investors - We think a #diversified exposure to #public and #private assets has its benefits provided liquidity aspects are clarified and understood. We want first ensure the right risk/beta exposure. Astute manager selection may potentially add alpha as the #icingonthecake. #privatemarkets #beta #alpha (when investing, your capital may be at risk) Ring the 🔔 next to my profile picture for occasional snippets on financial markets. Deutsche Bank Deutsche Bank Private Bank

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Webinar: What’s Next for Private Credit? 02.11.2024 - Investoren Plattform News: Private Debt Join us on Thursday, November 21st to explore the latest insights into private credit markets. Private credit has been on the rise in an environment of higher-for-longer interest rates. And as increasingly sophisticated institutional investors seek greater diversification, they are looking to private credit for attractive returns. But how are analysts viewing current market conditions, […] und mehr als 9.700 weitere Artikel finden Sie unter: https://lnkd.in/eYzxGH5k

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The Stock Market Monthly Calendar September has arrived again. For market participants it is not only the time to return to their offices after summer vacation, but also the time to experience a great deal of anxiety. Many investors know perfectly well that September is the worst month for financial markets in terms of performance (see the picture below). Some investors are familiar with the expression, "Sell in May and Go Away". Most investors have also heard of the Christmas rally in November and December too. Still, there is no unambiguous rational explanation for all these recurring calendar anomalies. Perhaps people are reducing their exposure to stocks in May before the start of the summer vacation season. Who wants to constantly check stock quotes while lying on the beach? Probably the end of the summer vacation season in September, less sun, and more rain are the reasons why many investors experience episodes of sadness, worry or even outright depression. At the same time, Christmas preparations and New Year’s resolutions are likely to improve your mood and boost your optimism. In any case U.S. stock market monthly performance can be described as follows: January = New Year’s Resolutions: New stock portfolio allocations and festive optimism February = Post-Holiday Hangover: Profit taking after the holiday market rally March = Spring Awakening: Investors finally recover from holiday ecstasy and post-holiday depression April = April Blooming Perennials: Higher activity due to more sunshine and blooming   May = Sell in May and Go Away: Reducing investment risk before vacations June = Midsummer Quiet Time: Thin and lazy trading in early vacation season July = Sunshine-Induced Optimism: Still thin but crazier trading in late vacation season August = Post-Vacation Mood Swings: Investors start coming back to offices September = September Blues: Post-vacation portfolio reallocation and depression October = Wound Licking: Just happy to be alive after September market turbulence and October aftershocks November = Post-Traumatic Relief Rally: The dawn of a new stock buying season December: Christmas Ecstasy: Your end-of-year gift from the stock market to improve your annual investment returns coupled with a pre-holiday burst of optimism However, do not overestimate the predictive power of statistical "stars". All statistical relationships become more significant and stable with longer periods of record. Any economy is the mixture of mathematical relationships and psychosocial variables, while financial markets are our attempt to discern the economy of the future. As a result, in the long term, financial markets behave mostly mathematically and rationally. However, in the short term, they are emotional and psychologically difficult to predict, thus reflecting our human nature. Know yourself, and success will follow! #markets #stocks #investing #trading #statistics #psychology #behavioralfinance

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I am extremely happy and proud that after months of work with a great team we now expand our product portfolio with the launch of three new funds on the major investment themes of 'Digital Economy,' 'Circular Economy,' and 'Healthy Longevity'. Thematic investments with a focus on sustainability have a tradition in asset management at Zürcher Kantonalbank. For almost 20 years, the existing thematic funds have focused on growth opportunities in the two investment themes 'Water' and 'Climate.' Swisscanto Asset Management International Zürcher Kantonalbank #sustainablefinance #digitaleconomy #circulareconomy #healthylongevity #water #climate

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With the US presidential election in its final stretch, Vontobel's latest Investors’ Outlook offers a guide to the road signs investors need to watch for, from interest rates to fiscal policy. ➡️ https://bit.ly/3UF6h6l Vontobel Investing USElections2024

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