Income Alpha Fund market Edition September 2009 PIMCO Europe makes the race the Irish KAG PIMCO Europe July 2009 with 2.8 billion euros net inflows as the strongest investment fund management company with sales in Germany cut off. Also in the running for the single month of July, PIMCO emerged victorious, with inflows of EUR 536 million. The analysis of the Fund fine groups shows that PIMCO this result owes in particular its pension fund $, which collected alone in 2009 more than 1.5 billion euros. DB x-trackers has lost almost 400 million euros in the July 2009 funds, so they initially two were referred to court. DEKA at German investment fund management company built the DEKA subsidiary ETFlab is sales strongest Kapitalanlagegesellschaft (KAG) under the German party with around EUR 2.0 billion in funds as of July 2009. About one-third of this result were achieved by sales successes in German equity funds.
The Union followed the other places with their securities and real estate businesses, the universal and the DEKA. These companies are not successful in particular in classic fund categories- Exotic or specific topics. Month’s best July EUR 747 million, turns out in a single month BGI Germany net inflows. 853 million euros will be deducted the loser of the month CSAM IMMO in July. Luxembourg vs.
Germany the gap between Germany and Luxembourg in the area of retail funds always widened. In March 2009 still looked relatively harmless, if not very positive for Luxembourg: Germany recorded 1.7 billion inflows, Luxembourg already fought with outflows amounting to around 3.5 billion euros. In July the situation but coming to a head: while in Germany on set retail funds collect around 7.4 billion, the Luxembourg products reach the 10 billion border – almost sadly in outflows. This development provided the last few years on the head, where Luxembourg had regularly better sales figures. It remains to be seen however whether it actually comes to a sustainable change in the importance of the production sites in Germany and Luxembourg. 2009 year in the history of the Fund will go down as this, which brought a return to plain vanilla products and traditional administration structures. Is totally out off shore and near shore has problems at the time. Write down one but by no means should Luxembourg. For more information, see../Fondsmarkt_September_2009.pdf press contact: be alpha institutional Consulting GmbH Tanja Zimmermann ship Graben 17 30159 Hannover Tel: + 49 511 300 346 80