The asset management sector is now considered the third pillar of the financial sector alongside banks and insurance companies.
A total of around 700 fund companies are active in the German market, ranging from independent fund boutique banking to subsidiaries of insurance companies. BVI's 116 members manage assets with a volume of EUR 4,4 trillion. Investment funds play an important role, for example, in financing companies and governments, in old-age provision and as a driver of sustainable transformation.