In its inaugural report on fund ownership in Europe, the European Fund and Asset Management Association (EFAMA) found investment fund ownership rose by 150% to €11.7trn between the end of 2008 and 2017 although only €2.9trn of this was held by retail investors.
Overall, the total amount of financial assets held by European investors reached €98.6trn at the end of 2017, compared to €63trn at the end of 2008, according to the report, Ownership of Investment Funds in Europe. Within this, household - or private - investors were the largest holders, owning more than €29.1trn of financial assets. Around 36% of this was held within bank accounts, 46% in insurance and pension products and the remaining 18% in quoted shares, bonds and investment funds. €2.9trn of this was in investment funds, up from €1.5trn in 2008 (see graphs below). The amount of ...
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