GERMANY - A new report into the German fund industry by consultant Funds at Work and law firm Norton Rose Deutschland suggests that the country's biggest fund managers are set to lose market share over the next five years as conditions increasingly favour smaller, more flexible companies over the industry's vertically organised giants.
The report, The Mutual Fund Industry in Germany, said that as the industry matures and specialist providers continue to enter the market, the pressure to cut fixed costs is likely to lead to a tend...
To continue reading this article...
Join Professional Pensions
Become a Professional Pensions Lite Member today
In just a few clicks you can start your free Professional Pensions Lite membership for 12 months, providing you access to:
- Three complimentary articles per month covering the latest real-time news, analysis and opinion from the industry
- Receive important and breaking news stories via our two daily news alerts
- Hear from industry experts and other forward-thinking leaders
Are you a trustee, investment consultant or in-house pension and benefit scheme professional? You can apply for full complimentary access here
