IPE institutional market survey: Managers of German institutional assets 2026

March/April 2026 (Magazine)

This year’s IPE survey of asset managers of German institutional assets recorded growth of 4% to €2.26trn, while the assets managed on behalf of German pension fund clients rose by just over 16% to €509bn. 

The overall survey figure has comfortably topped the most recent high of €2.25trn, which was reached prior to the market turbulence that began in 2022. The figure for German pension fund clients, however, is still some way off the 2022 high of €521bn. The top five managers in terms of AUM, all of which are domestic companies, saw an increase in assets since last year’s survey, but DekaBank witnessed the largest growth. Its AUM rose by €14bn, or nearly 9%, to €169bn.

Full data access 
This summary shows headline data. The full dataset includes more detailed data on individual managers and is available to subscribers at ipe.com/research. To subscribe to IPE visit ipe.com/membership and for further information about the research or to participate in future surveys, contact [e-mail].