The total assets under management (AUM) in the Netherlands asset management industry reached €1,6tn at the end of 2023, up 7% increase from the previous year.

According to a report by the Dutch Fund and Asset Management Association (DUFAS), equity funds were the largest segment, accounting for 43% of the total AUM, followed by fixed-income funds at 32%. Sustainable investing also gained traction, with sustainable funds now making up 20% of the total fund market, reflecting a broader shift towards ESG (Environmental, Social, and Governance) criteria among investors.

Pension funds remain the largest client segment for Dutch asset managers, representing 64% of the total AUM. Retail clients also contributed to the growth, showing a 6% increase in their investments, driven by higher participation in pension schemes and an increase in personal savings rates.

Despite global economic challenges, the report said the outlook for the Dutch fund and asset management sector was positive, emphasising the industry’s adaptability and innovative approach in catering to evolving investor needs, including a growing demand for sustainable and impact investing.