Investment funds in the euro area: an uneven dynamic since 2009

Les fonds d’investissement dans la zone euro: une dynamique hétérogène depuis 2009

Maxime Ponsart and Alessandra Salvio

Bulletin de la Banque de France, 2018, issue 216, No 2

Abstract: Non-money market collective investment undertakings (investment funds) are highly dynamic: outstanding amounts under management have more than doubled in value since 2009 to just over EUR 11,000 billion at the end of 2017 – an amount equivalent to the gross domestic product (GDP) of the euro area. This overall dynamism disguises pronounced differences between countries, with Ireland and Luxembourg reporting the most substantial growth. In addition, breakdowns between fund types and the categories of underlying investments also vary depending on the euro area country, as does the profile of the investors (financial or non-financial) who subscribe to the funds. This study compares the aggregated balance sheet data for nine major euro area countries.

JEL-codes: G11 G23 (search for similar items in EconPapers)
Date: 2018
References: Add references at CitEc
Citations: View citations in EconPapers (2)

Downloads: (external link)
https://publications.banque-france.fr/sites/defaul ... 6-2_en_final_web.pdf
https://publications.banque-france.fr/sites/defaul ... bdf216_final_web.pdf (application/pdf)

Related works:
This item may be available elsewhere in EconPapers: Search for items with the same title.

Export reference: BibTeX RIS (EndNote, ProCite, RefMan) HTML/Text

Persistent link: https://EconPapers.repec.org/RePEc:bfr:bullbf:2018:216:02

Access Statistics for this article

More articles in Bulletin de la Banque de France from Banque de France Banque de France 31 Rue Croix des Petits Champs LABOLOG - 49-1404 75049 PARIS. Contact information at EDIRC.
Bibliographic data for series maintained by Michael brassart ().