Europe’s fund investors lose 603 billion euros

Frankfurt War in Europe, economic slowdown in China and a turnaround in interest rates that is fraught with great uncertainty – the stock and bond markets are currently groaning under three stress factors. The sell-off since the beginning of the year is huge. And it is also reflected in the fund balance sheet, as the Morningstar rating agency calculated exclusively for the Handelsblatt newspaper: In the first quarter alone, European fund investors lost more money than they had in two years, a total of 603 billion euros.

“It was the largest loss since the first quarter of 2020, when the pandemic stock market crash caused $1.3 trillion in losses,” said Morningstar analyst Valerio Baselli. In his calculation, he took into account the equity and bond funds set up in Europe with total assets of currently 9.2 trillion euros.