NFS Netfonds and Netfonds Group Reach Record AUM and AUA Levels

Hamburg, 07 August 2024 - The Netfonds Group and its subsidiary NFS Netfonds have seen significant growth in assets under management (AUM) and assets under administration (AUA) in the first half of 2024. As of 30 June, total assets reached a record EUR 26.2 billion, marking a 10% increase since the start of the year and 15% over the past twelve months.

Around EUR 20 billion of this is attributed to the custody business with private investors, and over EUR 6 billion to the fund and investment advisory segment. Advisors collaborating with Netfonds added more than EUR 2.6 billion in new assets since the beginning of the year.

The NFS Hamburger Vermögen platform also exhibited robust growth, gaining over EUR 600 million. By 30 June, Netfonds Group managed EUR 3.3 billion in wealth and asset management, showing a 20% increase driven by organic inflows and positive market performance.

Investment focus has been on global equity markets, with high demand for bond and money market funds in the defensive segment. The "Zins & Sicherheit Euro" bond fund, launched at the end of 2023, surpassed EUR 75 million. This fund offers stability in volatile markets, helping retain and attract customers.

The Netfonds Group remains optimistic for the remainder of 2024, despite current market weaknesses. A preliminary financial report for the first half of the year will be published on 21 August, with opportunities for investor engagement at the Hamburg Investor Days.