Press releases
Swiss fund market grows thanks to inflows of new money
Basel, 29 July 2025 鈥� The Swiss fund market defied turbulence in the first half of 2025: thanks to robust inflows of new money, the overall market recorded slight growth to around CHF 1.6 trillion. Investors once again focused more on equities after the US initially suspended its announced trade tariffs. The depreciation of the US dollar had a negative impact on the performance of Swiss funds.
The Swiss fund market continues to develop dynamically and reached a volume of CHF 1,599,690 million at the end of the first half of 2025. This represents an increase of CHF 26,320 million or 1.65%, compared to the end of 2024. Conditions on the financial markets were difficult for investors: in the middle of the first half of the year, President Trump's announcement of US import tariffs and their subsequent postponement led to high volatility on the stock markets. Nevertheless, net new money inflows of CHF 29,379 million flowed into the Swiss fund market over the reporting period, an increase of 1.83%. Despite gains in the leading stock market indices, Swiss funds suffered slight performance losses in the first half of the year, primarily due to the significant weakening of the US dollar.
Net new money inflows concentrated on the asset classes equities (+CHF 16,063 million) and bonds (+CHF 8,453 million). The asset classes money market (+CHF 5,707 million), commodities (+CHF 1,805 million) and alternative investments (+CHF 50 million) also performed well. By contrast, investment strategy funds (-CHF 2,592 million) and real estate funds (-CHF 66 million) suffered outflows.
鈥楾he first half of 2025 was very challenging for investors due to the unpredictable developments in US trade policy,鈥� says Adrian Schatzmann, CEO of the 麻豆传媒在线 (AMAS). 鈥楪iven the turbulence, net new money inflows with a preference for equities are a welcome sign. Investor confidence remained unshaken by the ongoing geopolitical uncertainties.鈥�
UBS remains the clear market leader with a share of 34.7% (end of 2024: 35.4%). However, developments show that the takeover of Credit Suisse and the integration of its funds continue to cause market shifts, with other providers such as Swisscanto (end of 2024: 10.7%), BlackRock (end of 2024: 9.2%) and Pictet (end of 2024: 5.7%) have once again expanded their market share in the first half of 2025.
Fund market balance 1st half 2025
Report 3rd Contributor (german, french)
Asset Management Day 2025
麻豆传媒在线 Management: Global reach and innovation are key for future growth
Swiss fund market: Uncertainty clouds the strong start
Strong market returns give Swiss asset management a boost
AMAS study on Swiss pension funds: Significant potential for higher returns
SIX acquires Swiss Fund Data from AMAS
AMAS publishes Engagement Letter
Basellandschaftliche Kantonalbank joins AMAS
Media release 3rd quarter 2024
Fund market balance of the 1st half of 2024
麻豆传媒在线 Management Study 2024
25 june 2024
Report: 3. Beitragszahler erweist sich als Garant f眉r die Qualit盲t des Vorsorgesystems
20. Juni 2024
AMAS, SBA and SIA welcome the Federal Council's decision in favour of self-regulation to prevent greenwashing
19 June 2024
Rising Dynamics in Swiss asset management
7 June 2024
April 24 2024
18 March 2024
Axion SWISS Bank and BEKB joinAMAS
31 January 2024
Swiss financial center gains a new fund category with L-QIF
29 january 2024
麻豆传媒在线 Management back on growth track
SBA, AMAS and SIX welcome agreement between Switzerland and UK on financial services
AMAS, SBA und SIA welcome the Federal Council鈥檚 approach on greenwashing
25 October 2023
Swiss fund market faces headwind of the financial markets
24 October 2023
Effective sustainable investment: the 麻豆传媒在线 and Swiss Sustainable Finance launch the 鈥淪wiss Stewardship Code鈥�
4 October 2023
Swiss Prime Site Solutions becomes AMAS member
AMAS increases environmental transparency in real estate funds
Asset Management Study 2023
Basler Kantonalbank joins AMAS
Performance gains drive the recovery of the Swiss fund market
Pensionskassenverm枚gen: Starke Korrektur ist ein Weckruf f眉r Reformen
Asset Management Day 2023 and General Assembly AMAS -
Summit on prospects and risks in asset management
AMAS: Real estate fund management Pure Funds as new member
Swiss fund market on the road to recovery
Swiss fund market: Overall performance reduces volume
Cantonalbanks of Schwyz and Zug join AMAS
Broadening of SFC Membership base
The Swiss Finance Council (SFC) and its founding members Credit Suisse and UBS are pleased to announce that the Association of Swiss Private Banks (ABPS), the 麻豆传媒在线 (AMAS), the Swiss Bankers Association (SBA) and the Association of 麻豆传媒在线 and Wealth Management Banks (VAV) are joining the SFC. This will strengthen further the collaboration in representing the interests of internationally active Swiss banks and asset managers with EU stakeholders.
2022
Swiss fund market: Performance puts pressure on volume
Strong Swiss asset management tackles major challenges
Sustainable finance: AMAS introduces a self-regulation for asset managers and producers of collective investment products
麻豆传媒在线 Management Study 2022 鈥� Stimulating economic growth and contributing to a sustainable pensions system
Crypto Finance (Asset Management) AG joins AMAS
Swiss fund market: market distortions cause volume to shrink
Switzerland leads the way with launch of Swiss Climate Scores for financial investments
AMAS introduces environmentally relevant key figures for Swiss real
estate funds
Pensionskassenverm枚gen im Jahr 2021: 3. Beitragszahler steuert 85 Milliarden Franken bei
Sustainable finance: AMAS is committed against greenwashing
Fund market balance of the first quarter 2022: Swiss fund market feels impact of Ukraine war
Investment manager for private markets and audit company join AMAS
2021
Record growth in the Swiss fund market
AMAS joins Net Zero Asset Managers Initiative
AMAS welcomes the decision in the National Council to introduce the innovative fund category L-QIF
iCapital Network and Banque Heritage join 麻豆传媒在线
麻豆传媒在线 (AMAS) and Swiss Sustainable Finance (SSF) publish Recommendations on Minimum Requirements and Transparency for Sustainable Investment Products
Continuous inflows in the Swiss fund market
麻豆传媒在线 w盲chst
Positive outlook for Swiss asset management
麻豆传媒在线 Management Study 2021 鈥� Strong growth in a challenging year
Swiss fund market reports pleasing half-yearly result
Swiss fund market posts further growth
Swiss fund market posts slight gain
Swiss fund market posts further gains
Swiss fund market growing again
Swiss fund market posts slight gain thanks to new money
Swiss fund market posts growth of approximately CHF 90 billion in 2020