They are increasing inputs in mutual funds, with the result that their assets have exceeded 21 billion. euros (data as of November 6, 2024) and is shaping up to be at its highest levels since late 2008, at over 15-year highs. Specifically, it is set at 21.071 billion. euros, increased by 5.284 billion euros, or by 33.47%, from the beginning of 2024, while as of April 2020, capital inflows into mutual funds approach 13 billion. euro.

With increased assets, capital inflows and positive returns, the 3rd quarter of 2024 closed for the Greek market institutional administrators.

The total amount of funds under management in the institutional management sector at the end of the third quarter of 2024 was Euro 36.86 billion, increased by 7.38% from the previous quarter and 23.78% from the end of 2023.

The composition of managed by Institutional Fund Managers at the end of the first quarter of 2024 it was as follows: 55.9% concerns investments in transferable securities (UCITS), 27.2% concerns Asset Management, 15.0% concerns A.A.E.A. P (Real Estate Investment Companies) and 2.0% in alternative investments (AEE).

On 30.09.2024, the total market of O.S.E.K.A.(Organizations for Collective Investment in Transferable Securities) that manage Greek A.E.D.A.K. showed a significant increase in total assets by 6.8% from the previous quarter and 30.5% from the beginning of the year with the total amount of funds under management amounting to Euro 20.61 billion.

The total capital flows to the O.S.E.K.A. remained positive in the 3rd quarter of 2024 at 820 million euro.

The positive flows by category during the third quarter mainly concern the International Bonds O.S.E.K.A. Euro 770 million To be precise, capital inflows were attracted by O.S.E.K.A. with a specific maturity date (Target Maturity Funds) mainly by new investors, as through the investment they are given the opportunity to generate regular income while simultaneously seeking to preserve their capital.

The composition of the overall UCITS market by category, at the end of the third quarter of 2024, was as follows: Bonds 49%, mixed 17%, Equity 14%, Funds of Funds 11%, Money Market 6% and Composites 3%.

Returns maintained a positive sign in all sub-categories.

The highest returns were recorded in the following categories:

– America shares 17.48%

– International Shares 13.86%

-Developed Market Shares 13.24%

– Greek shares 12.64%

In his industry Asset Managementan increase of funds under management by 5.26% from the previous quarter and 12.24% from the beginning of the year to Euro 10,008 million, including the institutional portfolios of Professional Insurance Funds under management for the members of ETH .

The assets of the Alternative Investment Organizations (O.E.E. and A.E.E.X.), which are managed by members of the A.E.T.E., amount to Euro 728 million, including Private Equity portfolios of over Euro 470 million cm.

In the A.E.A.P. (Real Estate Investment Companies) sector, the positive trend continues with the total investment in real estate as of 30.06.2024 (latest published data), increased by 14.75% in Euro5 .514 cm. in relation to 31.12.2023.