Fund market balance 1st half 2025

05.08.2025 12:15

Swiss fund market grows thanks to inflows of new money

Basel, 29 July 2025 – The Swiss fund market defied turbulence in the first half of 2025: thanks to robust inflows of new money, the overall market recorded slight growth to around CHF 1.6 trillion. Investors once again focused more on equities after the US initially suspended its announced trade tariffs. The depreciation of the US dollar had a negative impact on the performance of Swiss funds.

The Swiss fund market continues to develop dynamically and reached a volume of CHF 1,599,690 million at the end of the first half of 2025. This represents an increase of CHF 26,320 million or 1.65% compared to the end of 2024. Conditions on the financial markets were difficult for investors: in the middle of the first half of the year, President Trump's announcement of US import tariffs and their subsequent postponement led to high volatility on the stock markets. Nevertheless, net new money inflows of CHF 29,379 million flowed into the Swiss fund market over the reporting period, an increase of 1.83%. Despite gains in the leading stock market indices, Swiss funds suffered slight performance losses in the first half of the year, primarily due to the significant weakening of the US dollar.