Funds market balance of 2024 and outlook

05.02.2025 08:00

Strong market returns give Swiss asset management a boost

Basel, 5 February 2025 - After a year of strong market returns, the Swiss asset management industry is in excellent shape in terms of assets under management. Net new money inflows, which were above the market average, also helped both the fund market and the asset management market as a whole to reach new record levels, as Iwan Deplazes, Chairman of the Asset Management Association Switzerland, explained to the media on Wednesday. Those insured under occupational pension schemes (BVG) in particular also benefited from the positive trend. Capital market income contributed over CHF 90 billion to Swiss pension fund assets in 2024.

Following significant growth, both the Swiss fund and asset management markets reached new record levels in terms of volumes in 2024. In the fund market, assets under management totalled CHF 1.62 trillion at the end of 2024, which corresponds to an increase of 16.5 % or CHF 228 billion. For the Swiss asset management market (with discretionary mandates), AMAS expects growth of at least 8%, meaning that assets under management will have reached CHF 3.37 trillion. ‘Swiss asset management has proven its strength and relevance in 2024,’ AMAS Chairman Iwan Deplazes told the media on Wednesday. ‘We have already realised in recent years that the export of our investment solutions and services is a growth driver for the industry. Swiss asset management has the strongest growth rate in Europe and is gaining market share. In view of the growing need for investment and financing in Europe and other economic areas, AMAS 2025 is firmly committed to expanding international market access.’