Fund market balance 3rd quarter 2024

30.10.2024 08:25

Rising investment returns ensure growth in the Swiss fund market

Basel, 28 october 2024 - Driven by positive investment returns, the Swiss fund market continued to show robust growth in the third quarter of 2024, rising to a volume of CHF 1,565.7 billion. Following the interest rate cuts, new money inflows are showing signs of a trend reversal towards riskier asset classes. The takeover of Credit Suisse by UBS has also resulted in changes to the market structure.

The Swiss fund market grew to a volume of CHF 1,565,580 million in the third quarter of 2024. This corresponds to growth of CHF 196,832 million or 14.4% in the current year. In the past 3rd quarter alone, assets increased by CHF 58.8 billion or 3.8%. This is the fourth quarter in a row that the Swiss fund market has grown and reached new highs.

“This development is evidence of the continuing attractiveness of investment funds,” says Adrian Schatzmann, CEO of the Asset Management Association Switzerland (AMAS). “The reaction of investors to the interest rate cuts and the allocation of new money to riskier asset classes are evidence of an improved underlying sentiment.”