Publications
Press releases
Investment in shares and securities
Employee share defies Corona, war and inflation (in German)
Employee share programs are an attractive and secure way to build wealth: 87 percent of employee share plans generate an annual return of at least five percent over ten years. In more than half of the plans, employees can look forward...Financial market regulation and real economy
Subscription rights issues no longer trigger prospectus requirement (in German)
Following a very constructive dialog, the German Federal Financial Supervisory Authority (BaFin) is changing its practice with regard to so-called oversubscription for rights issues of up to eight million euros. Existing shareholders...Investment in shares and securities
Shareholder figures at record level in 2022 despite crises (in German)
Germany has never had more stock savers. 12.9 million people were invested in shares, equity funds or ETFs last year, according to the shareholder figures published today by the Deutsches Aktieninstitut. That is slightly more than at...Investment in shares and securities
Strengthening Economic Education (in German)
On the occasion of tomorrow's Education Day, Deutsches Aktieninstitut is calling on the German government to do even more to promote economic education in Germany. This requires a separate economics subject in schools and the prompt...Investment in shares and securities
World Savings Day: Creating Better Incentives for Saving Shares
On World Savings Day, Deutsches Aktieninstitut is calling on policymakers to swiftly pass the planned Future Financing Act and thus make equities more interesting for everyone. In view of high inflation rates, saving with stocks is...Corporate governance and company law
Open future of the virtual AGM (in German)
Today, the Bundestag will pass the law on the introduction of virtual general meetings. The government draft has been further developed in some points. The next AGM season will show whether the law passes the practical test. Deutsches...Investment in shares and securities
Making saving in shares more attractive (in German)
New calculations by Deutsches Aktieninstitut show that the reintroduction of tax exemption for equity income after a holding period would be an attractive incentive to promote equity savings in Germany. The introduction of an...Corporate governance and company law
Draft on virtual AGM creates legal uncertainty (in German)
The German Federal Cabinet today approved the draft law on the introduction of virtual AGMs. The Corona pandemic has shown how important it is for companies to be able to hold general meetings virtually in times of crisis. However, the...Corporate governance and company law
ESG has arrived in the companies (in German)
Sustainability, with its facets of environmental, social and governance (ESG) has reached the everyday life of listed companies. The shift towards sustainable management has left the strategic level and is influencing the business...Investment in shares and securities
Updated Return Triangles - long-term investment beats time of entry (in German)
Broadly diversified investments in equities in combination with a long-term investment strategy lead to high returns for investors, as the Return Triangles of the Deutsches Aktieninstitut published today make clear. This applies to...Investment in shares and securities
Shareholder numbers remain at a high level (in German)
Almost 12.1 million Germans were invested in shares, funds or ETFs in 2021, according to the shareholder numbers published today by Deutsches Aktieninstitut. This is the third-highest level in the surveys and, despite a decrease of...Investment in shares and securities
Financial literacy is part of general education (in German)
On the occasion of the Education Day, Deutsches Aktieninstitut calls on the new federal government to commit to more economic education in Germany. This requires a separate school subject of economics and a national agenda for more...Investment in shares and securities
Focus on saving shares on World Savings Day tomorrow (in German)
Investing in shares is becoming increasingly popular. And rightly so, because those who invested broadly and for the long term in shares were able to enjoy average annual returns of six to nine percent in the past. „Seit 1924 wird am...Financial market regulation and real economy
Talk is silver, action is golden (in German)
Deutsches Aktieninstitut expects the political parties to follow up the promises made in their election programs with action after the Bundestag elections. In particular, when it comes to old-age provision, savings with stocks must...Investment in shares and securities
DAX 40: More players in the upper stock league (in German)
It is not only in soccer that transfers dominate the news. The DAX is also receiving support and is expanding from 30 to 40 companies. Tomorrow evening after the close of the stock market, the candidates will be announced who will move...Investment in shares and securities
German federal election 2021: German capital markets needs a fitness programme (in German)
Efficient capital markets contribute to securing prosperity. Deutsches Aktieninstitut therefore calls on the next federal government to promote equities in Germany and to make the German capital market fit for the future. In a...Investment in shares and securities
Stock Market Participation in Germany on record high
Deutsches Aktieninstitut has published its updated shareholder figures for Germany. With 12.4 million people, a particularly large number were invested in shares in the Corona year 2020. The young generation in particular discovered...Corporate governance and company law
General Meetings without compulsory attendance become possible (in German)
Deutsches Aktieninstitut welcomes the draft on the General Meeting without the shareholders’ personal attendance. Due to the lack of the necessary infrastructure, the possibility to ask questions during the online General Meeting must...Corporate governance and company law
At times of Corona: General meetings without compulsory attendance required (in German)
The bans and restrictions on events in response to the corona pandemic make it extremely difficult for companies to hold general meetings as face-to-face events. In a position paper published today, Deutsches Aktieninstitut therefore...Investment in shares and securities
Acting calmly also in times of corona (in German)
In an extremely difficult stock market phase, the German day of the share ("Tag der Aktie") moves shares as an investment form into the limelight. Despite the current slump on the stock markets, the longer the investment horizon of a...Corporate governance and company law
A shareholders' meeting is no soccer match (in German)
With a view to the beginning of the annual general meeting season, Deutsches Aktieninstitut is calling for individual case examinations to be permitted at annual general meetings. Companies that are legally obliged to hold...Investment in shares and securities
Shareholder interest down in 2019 (in German)
In 2019, the number of share owners fell by around 660,000 people compared to the previous year, as the Deutsches Aktieninstitut states in its shareholder figures published today. The year 2019 thus represents a setback for German...Investment in shares and securities
A long-term plus with shares (In German)
Deutsches Aktieninstitut has published its new Return Triangles. As the Return Triangles show, shares are always an attractive investment for asset accumulation in the long term. Deutsches Aktieninstitut therefore calls for shares to...Financial market regulation and real economy
Financial Transaction Tax - Private investors will foot the bill (in German)
Deutsches Aktieninstitut rejects the bill on the financial transaction tax recently presented by the German Minister of Finance. The planned stock market tax makes the purchase of shares more expensive and thus less attractive. This...Financial market regulation and real economy
Franco-German Economic Forum: President of Deutsches Aktieninstitut calls for closer cooperation at company level
The first Franco-German Corporate Executives and Institutional Investors Forum of Deutsches Aktieninstitut focused on European economic and capital market policy. France and Germany must work more closely together on these issues in...Investment in shares and securities
Investing is the new way of saving (in German)
On World Savings Day, many children open a savings book for the first time. But the savings book is no attractive form of investment in the long run. The low interest rate policy means that Germans are losing assets in real terms. A...Financial market regulation and real economy
Deutsches Aktieninstitut calls for more Cooperation between Politics and Business in Europe (in German)
A consistent finalization of the Capital Market Union, purposeful action for a sustainable economy and the strengthening of European companies in international competition: These key issues form the focus of today's published European...Financial market regulation and real economy
No one-sided burden on German companies
Deutsches Aktieninstitut firmly rejects the introduction of a public country-by-country reporting at EU level. The disclosure of sensitive company data puts German companies at a disadvantage in international competition. "The...Investment in shares and securities
No Taxation on Shares, Mr. Scholz!
In a letter addressed to Federal Minister of Finance Olaf Scholz, Dr. Hans-Ulrich Engel, President of Deutsches Aktieninstitut, warns against the negative effects of the planned tax on shares for German economy and society. The tax on...Investment in shares and securities
With Four Simple Rules to an Successful Share Investment (in German)
On the occasion of the day of shares, on March 18, Deutsches Aktieninstitut encourages savers to invest in shares or equity funds. Who seizes the opportunities of share investment can look forward to attractive returns. You only have...Investment in shares and securities
Number of Shareholders Increases by a Quarter of a Million (in German)
In 2018, for the fourth time running the number of shareholders and equity funds holders has risen in Germany. The survey “Shareholding Statistics of Deutsches Aktieninstitut 2018" (in German) - published today - shows that on an...Investment in shares and securities
Shares Remain Attractive Investments (in German)
In view of the downturn of share prices investors should not be getting nervous. On the long run shares have been and are attractive investments with manageable risk. This demonstrate the new Return-Triangles of Deutsches...Investment in shares and securities
Less Misunderstandings, More Shareholders (in German)
The Survey of Börse Stuttgart and Deutsches Aktieninstitut reflects the attitude of the Germans on shares // Inspite of low interest rates great reservations // Personal experience creates positive attitude // Integration of share...Financial market regulation and real economy
Challenge Future - Politics and economy need to cooperate
At its annual reception in the Gesellschaftshaus of BASF in Ludwigshafen Deutsches Aktieninstitut, celebrating its 65th anniversary, addressed upcoming future challenges. As honoured guest, the General Secretary of the CDU, Annegret...Investment in shares and securities
Have you already started saving in shares? (in German)
At the day of shares the Deutsche Aktieninstitut reminds the public that with shares - permanently invested - you can earn good returns. It is important not be focused on the right timing of the investment but to invest in shares on a...Investment in shares and securities
The Implementation of Employee Shares Made Easy (in German)
The Deutsche Aktieninstitut and EY have published the “Guideline for the implementation of employee share schemes” today. The Guideline describes the five phases of planning, designing, compliance, communication and administration and...Investment in shares and securities
Number of Shareholders Rises to over more than 10 Millions
In 2017 the number of shareholders and equity fund holders has risen significantly. On an annual average it was almost 1.1 million higher than in the previous year. In total more than 10 million citizens in Germany owned shares or...Investment in shares and securities
„Return-Triangle“ visualises top long-term performance of shares (in German)
Shares are profitable and therefore an attractive financial investment. That impressively illustrates the new “Return-Triangle” of Deutsches Aktieninstitut. It can be downloaded now at www.dai.de. The message is: Shares give good...Financial market regulation and real economy
EU Vice-President Dombrovskis Counts on the Support of Companies as regards the Capital Markets Union
At the reception of Deutsches Aktieninstitut today in Brussels EU Vice-President Valdis Dombrovskis and the president of Deutsches Aktieninstitut Dr. Hans-Ulrich Engel advocated for the integration of European capital markets. The...Investment in shares and securities
Companies Demand more Asset Formation among Employees (in German)
With the „Berlin Appeal for more asset formation among employees” high-level representatives of the German economy and of trade associations call upon the future German government to create a better framework for employee equity...Financial market regulation and real economy
Companies welcome relief brought by Commission’s derivative end-user proposals
Companies welcome the Commission’s commitment to the existing commercial hedging exemption for companies from clearing and margining, and the move to an asset-by-asset class assessment for this exemption. The hedging exemption is...Investment in shares and securities
Share Investment - The Illusionary Giant (in German)
On share´s day Deutsche Aktieninstitut calls for more political commitment for share investments. Shares are an important element for asset building and the old age provisions of the citizens. Therefore it is essential to reduce...Corporate governance and company law
Guiding Principles for the Dialogue between Investor and Supervisory Board (In German)
Deutsches Aktieninstitut supports the new guiding principles for the dialogue between investors and supervisory board published today by the initiative “Developing Shareholder Communication”.Financial market regulation and real economy
The Need for Safety meets Risk Aversion - Bankenverband and Deutsches Aktieninstitut on Safety and Risk (in German)
The joint conference of Bankenverband and Deutsches Aktieninstitut focused on the question whether we need another risk culture in order to find new answers for the current challenges. Alongside other speakers Jürgen Fitschen, Co-Chief...Financial market regulation and real economy
EU-Commission Vice-President Katainen Calls for More Commitment to TTIP at Deutsches Aktieninstitut's Autumn-Reception (in German)
At the traditional Autumn Reception in Brussels Werner Baumann, President of Deutsches Aktieninsitut, and Jyrki Katainen, EU Vice-President and Commissioner for Jobs, Growth, Investment and Competitiveness, emphasized the importance of...Investment in shares and securities
Employee Share-Ownership – Associations call for Political Action (in German)
In its call for action “For an agenda employee share-ownership” published today, ten well-known German associations ask from politicians to improve the general framework of employee share-ownership and to speak up for more employee...Corporate governance and company law
Board of Deutsches Aktieninstitut Confirms Werner Bauman as President (in German)
At its constitutive meeting the newly elected board of Deutsches Aktieninstitut unanimously confirmed Werner Baumann, Chief Strategy and Portfolio Officer of Bayer AG, as President of Deutsches Aktieninstitut.Investment in shares and securities
No Financial Transaction Tax - Now! (in German)
The financial transaction tax is an important agenda item for the franco-German consultations this week. Deutsches Aktieninstitut calls for refraining from the tax as it would seriously harm the real economy and private investors. The...Corporate governance and company law
Deutsches Aktieninstitut is going to become the office for the Government Commission of the German Corporate Governance Code (in German)
Investment in shares and securities
The Financial Transaction Tax – A Wrong Track?
Private investors and the real economy in Germany would be charged with costs ranging from 5.0 to 7.3 billion Euros if the financial transaction tax entered into force. This is the key-finding of an impact study conducted by Deutsches...Investment in shares and securities
Congratulations to 25 years of DAX (in German)
Deutsches Aktieninstitut congratulates to 25 year of DAX: The most famous German stock index does not only visualize the performance of the listed companies, but is an indicator for the development of the German economy as a whole. ...In the media
Investment in shares and securities
Fit4Trading Podcast by DZBank: 9 percent - long breath pays off (in German)
Four out of five adults in Germany do not own shares or ETFs. The aim must therefore be to make shares and equity funds even more popular, emphasizes Dr. Gerrit Fey, Head of Capital Markets, in an interview with Falko Block for DZ...Investment in shares and securities
Deka-Podcast: Money on Her Mind (in German)
If you want to generate high returns in the long term, you can't avoid investing in equities, was one of the messages from Dr. Christine Bortenlänger, Managing Director of Deutsches Aktieninstitut, in the podcast "Money on Her Mind"....Financial market regulation and real economy
GoingPublic: Balancing act between security and transformation
In his article "Balancing act between security and transformation. European Capital Markets Law 2023: Sustainability and Capital Markets Union at the Top of the EU Institutions' Agenda", which appeared in the special "Corporate Finance...Investment in shares and securities
Frankfurter Allgemeine Zeitung: How 250 DM became 50.000 Euros (in German)
In an interview with the Frankfurter Allgemeine Zeitung, Dr. Christine Bortenlänger, Chief Executive Officer, and Dr. Franz-Josef Leven, Deputy Chief Executive Officer, emphasize the importance of an efficient capital market for...Investment in shares and securities
Heilbronner Stimme: Stock investment pays off
In her guest article for the Heilbonner Stimme entitled "Stock investment pays off", Dr. Christine Bortenlänger, Managing Director of the Deutsches Aktieninstitut (German Stock Institute), reports on the attractive yield opportunities...Financial market regulation and real economy
Börsen-Zeitung „Relief in the financing of small and medium-sized enterprises“
In a guest article in Börsen-Zeitung, Dr. Norbert Kuhn, Deputy Head of Capital Markets and Head of Corporate Finance, and Ingo Wegerich, President of Interessenverband kapitalmarktorientierter KMU e.V. and Partner at Luther...Investment in shares and securities
Interview at Tagesschau24: Update Wirtschaft on 16.03.2023 (in German)
"What was your first share?" Dr. Franz-Josef Leven, Deputy Managing Director, talks about this in tagesschau24's "Update Wirtschaft" program. The topics of stock culture in Germany and the stock pension were the subject of an interview...Investment in shares and securities
Vz news: "Investing in shares is not a sprint"
In an interview with VZ Vermögenszentrum, Dr Christine Bortenlänger underlines the superiority of shares as an investment. In phases of high price increases, shares as fixed assets offer good protection against inflation and they...Investment in shares and securities
Update Wirtschaft: Interview with Dr Gerrit Fey
Anne-Catherine Beck spoke with Dr Gerrit Fey about the reasons why shares are an attractive investment and why more and more young people are investing in them. In addition to uncomplicated access to share trading through the...Investment in shares and securities
Going Public: Better through the crisis with employee participation (in German)
Employee share ownership, old-age provision and the tax framework for equity investment - these are urgent issues for the future that must not be pushed into the background despite the current geopolitical challenges, demands Dr...Corporate governance and company law
Capital Online: An Annual General Meeting is not a Zoom Conference
The government draft on the virtual general meeting (AGM) is far from what is practicable and in the interest of shareholders and companies. As a result, the government draft on the virtual AGM shifts all the deficits of the...Investment in shares and securities
FOCUS-MONEY: "It's better to speculate than not to invest" (in German)
Interviewed by Heike Bangert from Focus Money, Dr. Christine Bortenlänger spoke about topics related to shares. She emphasised that we in Germany have a lot of catching up to do when it comes to saving for shares compared to countries...Corporate governance and company law
Frankfurter Allgemeine Zeitung: Saving the virtual AGM (in German)
The government draft on the virtual general meeting follows the idea of transferring the analogue general meeting one-to-one into the digital world, criticises Dr Christine Bortenlänger. However, when anchoring the virtual AGM as an...Financial market regulation and real economy
Going Public: Developments in Capital Markets Law - Keeping an Eye on the Overall Burden for Companies
What 2022 has in store for companies in the area of capital market law was outlined by Dr Uta-Bettina von Altenbockum and Dr Gerrit Fey in their contribution to GoingPublic's Corporate Finance Law Special. In addition to the EU Listing...Investment in shares and securities
Badische Neueste Nachrichten: "It's a marathon" (in German)
In an interview with Dirk Neubauer, Dr. Christine Bortenlänger emphasises that building up wealth with shares is a marathon with ups and downs. What is important at the end of the day, she says, is that investors feel comfortable with...Corporate governance and company law
Echtgeld.tv (Youtube): Discussion on the virtual AGM (in German)
On the occasion of the draft bill of the Federal Ministry of Justice on the virtual general meeting, Dr Christine Bortenlänger talks to the Youtube hosts Tobias Kramer and Christian W. Röhl about the planned regulations. The central...Investment in shares and securities
Zeitschrift für das Gesamte Kreditwesen: Tutoring for Germany (in German)
Economic knowledge and financial literacy ensure increasing prosperity and are central building blocks for a self-determined society. However, Germany is struggling to recognise this and take the necessary steps, write Dr. Christine...Investment in shares and securities
marktEINBLICKE: Outlook 2022 (in German)
How the stock market year 2022 develops also depends to a large extent on the traffic light government. Will it get a grip on problems like Corona? What impulses will it provide on the world political stage? But four state elections,...Investment in shares and securities
Capital/GELD: Shares via App (in German)
The stock market has reached the pocket. Inexpensive apps make it easier for young investors to get started on the stock market and financial influencers get young people excited about the stock market & co, writes Donato Di Dio in his...Corporate governance and company law