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Thursday 22 March 2018


Spring Conference

Swiss fund market tops CHF 1trn for first time

Written by Natalie Tuck

The Swiss fund market has broken through the CHF 1trn barrier for the first time, following an increase of CHF 30bn (3 per cent) over the month, latest statistics have revealed.

According to Swiss Fund Data AG and Morningstar, during July 2017 funds reached CHF 1,013.4bn, driven primarily by market-related factors. This is up from CHF 983.2bn in June. Net inflows totalled around CHF 7.5bn in July 2017.

“Buoyed by the positive performance on the financial markets, the Swiss fund market broke through the one trillion barrier for the first time in July.

Pleasingly, the increase in net inflows also continued, the figure of more than CHF 7bn being twice that recorded in June. Bond funds and equity funds once again led the way in terms of new money,” said SFAMA managing director Markus Fuchs.

All fund categories contributed to the growth, with the sole exception of ‘Others’, which posted an outflow of CHF 25.9m. As in previous months, bond funds attracted the most new money (CHF 3.5bn), followed by equity funds (CHF 1.8bn).

There were no changes in the ranking of the most popular asset classes: equity funds 42.24 per cent, bond funds 31.55 per cent, asset allocation funds 11.55 per cent, and money market funds 7.12 per cent.

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