New rules prompt Spezialfonds boom

By Rachel FixsenOctober 1997 (Magazine)

Interest in Germany’s Spezialfonds is booming. Insurance companies and pension funds in the country almost doubled their investment in this type of fund last year, thanks in part to an obscurely worded change in investment regulations.In 1995 insurers invested DM15.8bn ($xxbn) of assets in Spezialfonds -a type of investment fund ...