Fund market balance 1st quarter 2025

02.05.2025 09:42

Swiss fund market: Uncertainty clouds the strong start

Basel, 24 April 2025 - The 1st quarter of 2025 in the Swiss fund market ended with a positive balance and a total volume of CHF 1,628.6 billion. However, the course of the year resembled a rollercoaster ride: the rosy outlook on the financial markets at the beginning of the year ensured strong net new money inflows. However, towards the end of the 1st quarter, it was the performance losses on the equity markets that put the brakes on the promising start.

With a volume of CHF 1,628,597 million at the end of the 1st quarter of 2025, the Swiss fund market was CHF 24,935 million above its last peak at the end of 2024. The increase was primarily attributable to net new money inflows of CHF 17,500 million (+1.1%). However, the start of the US trade war put a spanner in the works for investors: after the stock markets had reached new highs in January, optimism evaporated. Despite the growing uncertainty in March, the Swiss fund market was still up 1.6% at the end of the month.