Fund market balance first half of 2022

15.07.2022 10:11

Swiss fund market: market distortions cause volume

to shrink

Basel, 14 July 2022 - The Swiss fund market suffered a significant decline in volume due to market

distortions in the first half of 2022. The Ukraine war, inflation and tighter monetary policy also prompted

investors to withdraw money. Although individual asset classes recorded some inflows of money, these

remained weak throughout the first half of 2022. In contrast, the sustainability sector recorded almost CH 11

billion in new money inflows.

Translated with www.DeepL.com/Translator (free version)

The Swiss fund market shrank in the first half of 2022 from CHF 1,516,884 million (end 2021) to CHF 1,333,862 million.

This corresponds to a decline of 12 percent. Investors withdrew around CHF 4 billion net from investment funds by the end

of June 2022, with redemptions accelerating in the second quarter of 2022. The largest outflows experienced bond funds

with CHF 5.9 billion and money market funds with CHF 2.2 billion. Net inflows were mainly experienced by mixed-asset

funds with CHF 4.4 billion as well as equity funds (CHF 643 million) and real estate funds (CHF 176 million).

The slump on the stock markets had a significantly greater impact on the total volume decline of CHF 183 billion.

Accordingly, the decline was concentrated on equity funds, which lost CHF 132 billion or 18.3 percent over the reporting

period. However, bond funds also recorded a decline of 10 per cent or CHF 43 billion.