The expansion of the Dutch share was accounted for by the fact that households’ Dutch mutual fund investments fell less markedly (by 9% to EUR 26 billion) than their Luxembourg mutual fund investments (by 15% to EUR 18 billion). The Grand Duchy is the Dutch mutual funds’ most important competitor for Dutch household investments. Mutual funds based in Luxembourg recorded larger withdrawals by Dutch households than Dutch mutual funds, as well as lower returns. Earlier, Luxembourg had attracted much money from the Netherlands via the Dutch retail market.
Featured statistic: 55%
Date 23 July 2008
In the first quarter of 2008, Dutch mutual funds managed to expand their share in Dutch household investments slightly, from 54% to 55% at end-March 2008 (Chart).