Pension funds are the largest investors in Dutch investment funds

Statistical News Release
Date 2 December 2013

In the first three quarters of 2013, net deposits in Dutch investment funds totalled EUR 21.9 billion, compared with EUR 17.2 billion in the same period last year.

Net deposits in the first three quarters of 2013 were mainly attributable to Dutch pension funds (EUR 17.1 billion) and insurers (EUR 10.6 billion). Both investment funds themselves (EUR -4.3 billion) and Dutch households (EUR -1.2 billion) withdrew money from Dutch investment funds in the first nine months of 2013. Other investors (including foreign investors) also made withdrawals to the total of EUR 0.4 billion. The high amount of net deposits made by insurers in 2013 was, however, attributable to the fact that some insurance funds have been opened up to external investors (see figure 1). This prompted non-recurrent net deposits by insurers in the third quarter 2013 of around EUR 10 billion.  In the first nine months of 2012, pension funds also made the highest deposits (EUR 21.6 billion). Insurers (EUR -1.4 billion), investment institutions (EUR -1.4 billion), households (EUR -1.4 billion) and other investors (EUR -0.1 billion) then withdrew money from Dutch investment funds.

Net deposits in Dutch investment funds

* Other investors include monetary financial institutions, non-financial corporations, other financial institutions, government bodies and foreign investors. 

In the third quarter of 2013, Dutch investment funds issued units to the total of EUR 593.5 billion. Dutch pension funds are by far the largest investors in Dutch investment funds, holding 79.9% (EUR 474.1 billion) of the units issued (see figure 2). The large proportion held by pension funds is explained by the fact that pension funds have placed roughly half of their investments with Dutch investment funds. After pension funds, insurers (EUR 58.3 billion) and investment institutions themselves (EUR 25.9 billion) are the largest investors in Dutch investment funds. Dutch households hold EUR 20.8 billion of the units issued, while other investors (foreign investors in particular) placed EUR 14.5 billion with Dutch investment funds in the third quarter of 2013.

Investors in Dutch investments funds

* Other investors include monetary financial institutions, non-financial corporations, other financial institutions, government bodies and foreign investors.