Returns push Dutch investment funds' managed assets to all-time high in the third quarter of 2018
Assets managed by Dutch investment funds reached a record EUR 906.6 billion in the third quarter of 2018, driven mainly by positive returns on equity investments. Investments in this asset class largely focus on US, Dutch and UK equities. The sector's investment volume also grew as a result of net deposits of EUR 5.2 billion, notably in bond funds.
Investment funds benefited from their equity holdings
The third quarter of 2018 saw assets managed by Dutch investment funds go up EUR 21 billion (+2.4%) to EUR 906.6 billion, spurred by positive returns on listed equities and investment fund units (Note 1) of 2.8% for the quarter. As a result, this asset class reached a record high (see Figure 1). Investment funds' equity investments have grown by EUR 90 billion, or 20%, over the past two years. The increase can be attributed to new equity investments and value increases of existing portfolios.
US, UK and Dutch equities were in particular demand
US equities are the largest category in the Dutch investment funds' equity investments. At EUR 194 billion, US equities represent 30% of all investments made in this asset class in the third quarter of 2018. Dutch equities, at EUR 70.5 billion (11%), and UK equities, at EUR 32 billion (5%), were also sought after. The geographical distribution has remained more or less stable over the years.
Net deposits were positive
Dutch investment funds saw the net withdrawals recorded in the four previous quarters turn into net deposits, at EUR 5.2 billion, in the third quarter of 2018. Most new deposits were made in bond funds, with other asset classes accounting for marginal increases (see Figure 2).
Please refer to our statistics website for more information about Dutch investment funds.
Note 1: These are jointly referred to as "equities" in this statistical news release.