German Investment Funds Reach Record €4.47 Trillion in 2024

Private investors increasingly turn to ETFs and mutual funds as the industry calls for reforms to private retirement savings policies.

German investment fund assets grew by nearly 8% in 2024, reaching a record €4.47 trillion, according to the BVI industry association.
Private investors contributed €36.2 billion in fresh funds to public mutual funds, including equity and bond funds, by the end of 2024.
The DAX index's strong performance, with an 18.8% rise in 2024 following a 20.3% increase in 2023, encouraged more investors to enter the stock market.
Investment providers reported €60 billion in new business during a challenging year marked by global crises and economic uncertainty.
The BVI is urging the German government to reform private retirement savings, advocating for reduced bureaucracy and greater flexibility in contribution and withdrawal phases.