Inputs are increasing in mutual funds As a result, their assets will be € 24 billion at the end of the first quarter of 2025, and by the end of 2018, funding in mutual funds are reaching 18 billion euros.
With returns in competitive treasury positions, and especially with low returns in deposits, and in particular to timely, several savings are turning to mutual funds, with shareholders recording the highest yields last year. With increased assets, capital inflows and positive returns, the first quarter of 2025 for the Greek market for institutional managers ended, continuing the positive course of 2024.
The total amount of capital management in the institutional management industry at the end of the first quarter of 2025 stood at € 41.7 billion, increased by 6.1% by the end of 2024.
The total flows of funds to the UCITS (mobile collective investment organizations) managed by Greek AEDAK continued their growth in the first quarter of 2025 and amounted to EUR 1,624 million. Positive flows are mainly focused on international bonds, with inflows of EUR 1,180 million.
In particular, inputs of funds were recorded in the UCITS with a specific expiration date – Target Maturity Funds – with funds that came mainly from new investors, as they are allowed to generate regular income while at the same time seeking to maintain their capital.
On the front of yields, the highest returns were recorded in the following categories:
- Equity index of 16.13%
- Greek shareholders 11.99%
- Eurozone shareholders 6.10%
- Decreased Markets of 5.82%
In the Asset Management sector, there is a 4.93% increase in capital management from the beginning of the year to Euro11.020 million, including the Institutional Portfolio of Professional Insurance Funds in Management to the members of the Institutional Investors Association (ETE).
The assets of alternative investment organizations (AIF and AEEX), which is managed by ETI members, amounts to € 737 million, including private equity portfolios of more than € 500 million.
In the AEAP sector (Real Estate Investment Companies), the positive course with all investment in real estate with 31.12.2024 (latest published) continues, increased by 7.32% to EUR 5,918 million compared to EUR 30.6.2024.
The course of the market capital market in 2024
Last year, reciprocal market assets increased by € 4.9 billion or 40% compared to 2023 and stood at 22,108 billion euros.
The highest odds in the previous year were recorded in the following categories:
- America’s shareholder at 30.7%
- Equity A/C Developed Markets at 18.83%
- Equity A/C International (Greek and Foreign) 17.48%
- Equity Funds of Funds at 14.74%
- Greece’s Sub -C/K equivalence at 13.5%
Piraeus US shareholder (U) with 31.80%of the Piraeus Subs of Piraeus was the highest performance, with 31.15%of the shareholder markets, the Ypsilon Global Growth Fund with 20.31%, the Alpha Cosmos Funds of Alpha Cosmos Funds in the international shareholder. STARS USA with 28.47% and in Greece’s shareholders NN Hellas equity with 17.25%.
AEDAK with the biggest assets at the end of 2024 were as follows: Eurobank AEDAK (5,727 billion and market share of 26.48%), the Alpha AEΔΑΚ (4,973 billion and share of 21.85%), the Piraeus AEDAK (4,527 billion and share 20.41%) and National AEDAK (3.115 billion with a share of 10.49%).
The composition of the total purchase of mutual funds at the end of 2024 was as follows: 52% in bonds, 16% in gross A/C, 13% in the E/C 11% in Funds of Funds, 5% in the A/C money market and 3% in complexes.