1. Research
  2. Products & Topics
  3. Periodicals
  4. Germany Monitor

German robo-advisors: March of the machines driving passive investments

February 24, 2020
Region:
Analyst:
German retail clients have shown relatively little interest in passive investment alternatives, compared to traditional mutual funds. Robo-advisors, which primarily invest in ETFs, have seen the number of their clients and AuM grow. German robo-advisors could manage about EUR 25-35 bn in 2025, up from EUR 4 bn today. Their pioneer clients are largely male, middle-aged and high-income. They value full control and autonomy in their financial decisions and deal with financial matters mostly online. Still, they visit bank branches quite frequently. [more]

More documents contained in "Germany Monitor,Germany Monitor Household finance"

111 (109-111)
September 27, 2007
Region:
109
With Germany's Grand Coalition two years into its first term, it is time for a midway review of what the government has achieved so far and a look at what the second half of the legislative period might bring. The Grand Coalition still lacks assertiveness in its economic and social policy. Reforms of corporate and investment income tax have been addressed only half-heartedly; the tax landscape is a work in progress. Structural energy and environmental policy reforms will be launched. The higher cost of environmental awareness should be another reason to lighten the tax and contributions load. [more]
July 6, 2007
Region:
110
The succession gap in Germany’s Mittelstand (small and medium-sized enterprises, or SMEs) is overstated. Attractive businesses have no difficulty finding new owners these days. However, with succession solutions outside the proprietor families on the increase, the successful, typically German (family) business structure could start to crumble. Might this also impair the German Mittelstand’s business capital – high flexibility coupled with organically evolved trust? In the long term many SMEs are looking at a bright future. Crucial to this – besides the efficient organisation of generation change – are new forms of cooperation and modern financing instruments. A better political environment for business start-ups and a more open-minded attitude to the immigration of business talent would strengthen the entrepreneurial landscape as a whole. [more]
May 19, 2006
Region:
111
In the coming decades, the demographic changes looming ahead will hit Germany with an impact never felt before. This applies not only to the pension system. It holds equally for the labour market, and will entail repercussions for wages and interest rates and thus growth potential and international capital flows. DB Research has analysed the complex interplay of these factors by using an overlapping generations (OLG) model. [more]
6.8.1