Surging Demand Boosts Dekabank's 2024 Performance
- Dekabank capitalizes on robust fund acquisition interest
Private customers have driven a strong demand for Dekabank's funds, resulting in a better-than-expected year for the securities house. Although the bank's economic result in 2024 dipped to €892.2 million, it surpassed the Deka board's target of around 700 million euros by November.
In the eye of the storm caused by U.S. trade policies, Dekabank managed a staggering €28.9 billion in fund and certificate sales, more than triple the previous year's figure. Private clients invested an impressive €25.7 billion in funds and certificates, with €4.2 billion earmarked for equity funds – a testament to the rising popularity of equity investing.
"Equity investing has become the new normal in our society," asserts Deka CEO Georg Stocker, viewing it as a vital signal for maintaining prosperity. The Frankfurt-based institute now oversees around 8.2 million securities savings plans, a near 600,000 increase from the previous year. Stocker anticipates reaching the 10 million mark within the next three years.
Institutional investors, such as insurers and pension funds, contributed positively to Dekabank's sales performance in 2024, totalling €3.2 billion. Despite a loss of €17 billion in 2023 due to a substantial individual mandate loss, these institutional investors helped offset Deka's performance.
For 2025, Dekabank is taking a measured approach, forecasting an economic result of around €800 million, considering geopolitical tensions and challenging economic conditions. Despite the market turbulence, Deka's deputy CEO Matthias Danne advises investors to stay relaxed: "It's not a smart move for the average investor focusing on long-term wealth accumulation to panic-sell stocks or other assets right now."
While information on DekaBank's 2024 annual trends in equity investing is limited, the broader financial landscape shows a widespread investor participation across various asset classes, with a clear preference for equity and bond markets.
- Dekabank
- 2024 Annual Review
- Equity Investing
- Investment Trends
- Frankfurt am Main
- Dekabank's 2024 Annual Review highlighted a surge in demand for their funds, particularly equity funds, bolstered by private client investments, which accounted for €25.7 billion in funds and certificates.
- In light of the increasing popularity of equity investing, Deka CEO Georg Stocker forecasts that the number of securities savings plans managed by Dekabank could reach 10 million within the next three years.
- For the year 2025, Dekabank, mindful of geopolitical tensions and economic challenges, is advising investors to focus on long-term wealth accumulation, rather than making panic-selling decisions based on market turbulence.
