Pioneer first big loser in the fund industry of the September 2008 was the worst single month for the German fund business for years. The currently published October figures sit another. The October 2008 is the worst month since release of sales data by investment funds in Germany. Coming Alpha has published currently the detailed analysis of the sales data of funds by 3rd quarter 2008. It is already clear that there is a clear trend to safety-oriented products. Retail funds, funds of funds, worth secured funds and real estate funds are the three strongest sales fund categories with distance.
Overall, but no year-end business against the backdrop of the introduction of the flat tax as of January 2009 is observed. Also, the analysis of fund data for the first three quarters 2008 shows that Luxembourg funds in the paragraph (+ 21.1 billion euros) are dramatically superior to the German Fund (EUR – 4.1 billion). Furthermore, it is to see the pure number of mutual funds are steadily. The consideration of the Funds of funds reveals, that pioneer asset management and DWS are the addresses with the highest outflows by September 2008. These and many other findings are the coming Alpha publication fund market”prepared, which is available free of charge under. Coming alpha will analyse the data of October 2008 also in detail and report. For more information we are personally or via email at available. Here at..Fondsmarkt_November..pdf you can download the entire pdf.