Low interest rates are driving sales volumes at German fund companies. According to the BVI fund association, new business climbed from EUR 91 billion to around EUR 119 billionin 2019.

Assets under management rose 15 percent to EUR 3.4 trillion thanks to booming markets and net inflows, meaning that assets under management have almost doubled within ten years.

Given the lack of a turnaround in interest rates, BVI President Tobias Pross is confident that the pace of growth could continue to increase in the next decade, with retirement provision and sustainability being the main driving forces.

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Low interest rates are driving sales volumes at German fund companies. According to the BVI fund association, new business climbed from EUR 91 billion to around EUR 119 billionin 2019.

Assets under management rose 15 percent to EUR 3.4 trillion thanks to booming markets and net inflows, meaning that assets under management have almost doubled within ten years.

Given the lack of a turnaround in interest rates, BVI President Tobias Pross is confident that the pace of growth could continue to increase in the next decade, with retirement provision and sustainability being the main driving forces.