German fund assets post 13% rise in first nine months of 2019
German fund industry assets under management soared 13%, generating new business amounting to €68.2bn from the beginning of the year until September 2019.
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The assets grew to €3.33trn at the end of September 2019 from €2.95trn at the start of January 2019, according to data from BVI, the association representing the German fund industry.