Web.de: The MSCI World has crashed – how to react

The current price losses in the MSCI World index fund are unsettling many investors. How should one react to this? Dr Gerrit Fey, Chief Economist at Deutsches Aktieninstitut, advises staying calm: short-term fluctuations are normal,...

Promoting women's financial independence: the need for political incentives

On average, women are still economically worse off than men. They are more likely to suffer from poverty in old age. One of many important measures to prevent this is to start investing in equity-based pension plans at an early stage....

Update Wirtschaft from 23.01.2025

How long do I have to invest my money for to be on the safe side? This was explained by our head of department for capital markets, Dr Gerrit Fey, in the live broadcast with Melanie Böff on 23 January, using the yield triangles. These...

Deutsches Aktieninstitut’s Return Triangles onto the desks of political decision-makers

Regular, long-term investment in a diversified portfolio of shares is the ideal instrument for retirement provision and wealth formation. Investors who invest in equity funds, ETFs and equities on a long-term, diversified and...

MSCI World Return Triangle for savings plans (in German)

The MSCI World is one of the best-known stock indices worldwide. It tracks the share price performance and dividends of over 1,400 companies from more than 20 countries. The MSCI World return triangle rounds off our range of return...

EURO STOXX Return Triangle

The EURO STOXX Return Triangle visualises the performance of an investment in equities in the European currency area under the assummption of an one-off investment.

The annual average return on a broadly diversified equities portfolio...

DAX Return Triangle for savings plans (in German)

The DAX Return Triangle for savings plans shows that investing continiously and long-term in a broad equity portfolio has paid out in the past. Savers who invested month by month a constant ammount of money into a portfolio of DAX...

DAX Return Triangle (in German)

By providing for sufficient diversification of an equity investment and focusing on the long term, investor can expect shares to achieve a high return, even without spending a lot of time on monitoring performance.

This credo of...

Shareholder numbers 2024: Time for political impulses!

In 2024, 12.1 million people in Germany owned shares, equity funds or ETFs, i.e. one in six of the population aged 14 and above. Despite a slight decline of 180,000, the number of shareholders remained above the 12 million mark for the...

Shareholder numbers 2024: Time for political impulses

For the fifth year in a row, the number of people investing their money in shares will pass the twelve million mark in 2024, according to the shareholder numbers published today by Deutsches Aktieninstitut. 12.1 million people are...

In 2024, share ownership continues to be heavily dependent on income

Slight increase in shareholder numbers in the East, decline in the West

Younger investors and investors stick to the equity investment

Women invest less in shares, equity funds and ETFs than men in 2024

With a savings plan successful share saving is quite simple

Young investors and investors will also 2024 more strongly on ETFs

Funds and ETFs are the backbone of equity saving

Shareholder numbers 2024 for the fifth time in a row above the 12 million mark

In 2024, 12.1 million citizens citizens have shares, equity funds or ETFs in their custody account

Update Wirtschaft from 15.01.2025

On 15 January, our Chief Executive Officer Henriette Peucker spoke to Melanie Böff on Update Wirtschaft about what we can learn from the structure of shareholders and how the slight decline in the number of shareholders can be...

Börse Online: „Let´s talk about money“

Our Chief Executive and Member of the Board Henriette Peucker talks in an interview with Börse Online about the earnings opportunities of a broadly diversified and continuous investment in equity funds, ETFs and equities. Find out in...

Economic education: The Basis for Democracy and Social Security

Around 80% of young people in Germany believe that a stable democracy and a functioning economy are closely linked. However, many feel they lack the knowledge to make sound economic decisions. Therefore, on Education Day, December 8th,...

100 Years of World Savings Day: Why Saving Through Equities, Equity Funds and ETFs is Attractive

As we celebrate the 100th World Savings Day tomorrow, Deutsches Aktieninstitut highlights the return opportunities of long-term equity investments. Historically, broad diversification has yielded average annual returns of six to nine...

Shareholders are delighted with record dividend

Brigitte Finanzspezial: Let's talk about Dax, Baby

The DAX is an index that tracks the share prices of the 40 largest companies on the Frankfurt Stock Exchange. It rose by 20.3 percent last year and reached a new high of 18,000 points for the first time this year in March. Dr....

dwpbank: Subsidized securities savings – learning from abroad

A state-subsidized retirement savings account could make private pension provision in Germany fit for the future. In a study with dwpbank, the Deutsches Aktieninstitut (German Equity Institute) has worked out what successful models in...

Web.de: Why the DAX keeps reporting new records

Despite the weak economy, the DAX continues to reach new record highs. While the growth forecast for this year currently stands at 0.1 per cent, the DAX already reached the 18,000 point mark in March. Our Deputy Head of Capital Markets...

Germany lags behind in IPOs. Period 2019-2023.

Kurvenlage - Semi-Annual Report, Second term 2023, Focus: Europe has the choice (in German)

International Women's Day 2024: Build up assets with shares and prevent poverty in old age

Women are less likely than men to invest in shares, equity funds or ETFs. They are therefore missing out on valuable opportunities for attractive returns on equity investments. On International Women's Day on March 8, Deutsches...

bank und markt: The new equity culture in Germany – established or just a flash in the pan?

Many investors have realized that equities, equity funds and ETFs are indispensable for wealth accumulation and retirement provision due to their superior long-term returns. In 2023, the number of share savers remained stable above the...

Trend barometer Shareholder Numbers

Just as a barometer measures air pressure, our Shareholder Numbers show the state of share culture in Germany. Many exciting developments can be tracked in this way. How has the number of young investors developed in recent years? And...

Focus Online: Optimists see the DAX at 18,000 points at the end of the year - how realistic is that?

Our Deputy Head of Capital Markets, Dr. Norbert Kuhn, explores this question in his guest article for Focus-Online. The year-end forecasts of capital market experts for 2024 vary widely from 14,500 to 18,000 points. The wide range...

Podcast Paul am Puls: Interview about shares as an investment and financing instrument

In the podcast with Prof. Dr. Stephan Paul from the Chair of Applied Business Administration II at Ruhr University Bochum, Dr. Christine Bortenlänger talks about how the share culture in Germany can be further strengthened. She will...

Position paper on the revision of PRIIPs presented

We have generally welcomed the European Commission's proposal to exclude bonds with "make whole clauses" from the scope of the Packaged Retail and Insurance-based Investment Products Regulation (PRIIPs). Bonds with such clauses are not...

Return triangles 2023 published

"Time in the market beats timing the market" – in other words, investment duration beats entry time, according to a stock market rule. This is once again impressively demonstrated by the average returns of the updated return triangles...

Focus Online: How you benefit from your employer and the state

Who is entitled to capital-forming benefits and how are they invested? In principle, every employee is entitled to them, explains our Deputy Head of Capital Markets Department Dr. Norbert Kuhn in a guest article for Focus Online....

F.A.Z. Supplement Finance 2024: Long-term saving with shares pays off – even in turbulent times

More and more people are recognizing the opportunities offered by equity investments and are investing their money in shares, equity funds or ETFs, says our Chief Executive Dr. Christine Bortenlänger in her guest article in the F.A.Z....

The differences between East and West remain in 2023

The number of young equity savers has doubled in the last ten years

Women stay tuned. Number of female share savers remains constant

Broadly diversified and long-term: Younger people in particular save with ETFs

Funds and ETFs are an integral part of the equity portfolio

Shareholder figures stable at over 12 million for the fourth year

Equities remain attractive in 2023 despite interest rate turnaround. Germany continues to focus on equities, funds and ETFs

Shareholder Numbers 2023 - Once again over 12 million

In 2023, the number of private investors surpassed the 12 million mark significantly for the fourth consecutive year. In total, 12.3 million Germans invested in stocks, equity funds, and ETFs. This represents 17.6 percent of the...

Shareholder figures for 2023 break the 12 million mark again

For the fourth time in a row, the number of investors in shares and other equity investments in 2023 is well above the 12 million mark, as the shareholder figures published today by Deutsches Aktieninstitut show. At 12.3 million German...

Focus Online: Is generational capital the rescue anchor for the statutory pension?

In his guest article for Focus Online, Dr. Norbert Kuhn, Head of Corporate Finance and Deputy Head of Capital Markets, explains why more equities in the German pension system make sense in order to future-proof the pension system. For...

More equal opportunities through financial education (in German)

Three quarters of young people want economics to be given a higher priority at school. On tomorrow's Education Day, Deutsches Aktieninstitut is therefore calling for economics to be taught as a subject in all general education schools...

Radio France: In Germany, ten euros per month per child to teach them about the stock market

In an interview with Radio France, Dr. Franz-Josef Leven, Deputy Managing Director of Deutsches Aktieninstitut, spoke about the proposal of the German Council of Economic Experts. In its annual report, the Council proposed that every...

Capital supplement Money & Finance 4.0: Germany can share!

In a guest article for the Geld & Finance supplement of inpact Media for Capital, Dr. Gerrit Fey, Head of Capital Markets, reported on the interest in shares, equity funds and ETFs in Germany.12.9 million people were involved in the...

World Savings Day: Save better with shares (in German)

To mark World Savings Day on October 30, 2023, Deutsches Aktieninstitut is highlighting the value of saving with stocks. In the past, a long-term, broadly diversified investment in equities has generated annual returns of around nine...

Good faith protection must also apply in the event of reclaiming by the insolvency administrator (In German)

The interaction of investments in shares, the prospect of profit, the risk of price loss and the distribution of dividends has proven itself over decades. The basis for this is the investor's trust in the rules of the capital market....

Germans rely to much on the savings book (in German)

Percentage of employee shareholders in the workforce (in German)

Employee shares pay off!

The Return Triangle for employee shares impressively illustrates that high long-term returns are possible with employee shares. Nevertheless, too few employees in Germany make use of this form of employee share ownership. This makes...

Happy Birthday 35 years DAX! (in German)

Deutsches Aktieninstitut is pleased to celebrate 35 years of the DAX. The German Share Index represents the 40 largest stock market stocks in Germany and is one of the best-known share indices worldwide. In the past, a long-term and...

Courage finance column: staying power pays off (in German)

In the financial column of Courage magazine, our Managing Director, Dr. Christine Bortenlänger, describes what to look out for when investing successfully in shares on the capital market. The decisive factor here is not the time of...

Comdirect-Magazin: 3 Questions for Dr. Christine Bortenlänger: "The DAX is a success story" (in German)

The DAX represents the 40 largest stock market stocks in this country and is one of the best-known share indices in the world. In an interview with Comdirect magazine on the occasion of the 35th anniversary of the DAX, Dr. Christine...

Börsen-Zeitung: The number of shareholders will continue to rise (in German)

In the interview "The number of shareholders will continue to rise" with Börsen-Zeitung, Dr. Christine Bortenlänger and Dr. Franz-Josef Leven talk to Editor-in-Chief Detlef Fechtner about our commitment to the equity culture in...

Going Public: Employee Shares Pay Off (in German)

The rising numbers of employee shareholders in Germany show that there is growing interest in investing in one's own company, emphasizes Dr. Norbert Kuhn, Head of Corporate Finance, in his guest article in Going Public magazine Special...

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...

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"....

Deutsches Aktieninstitut presents new return triangle for the global equity index MSCI World (in German)

The new MSCI World return triangle complements the Deutsches Aktieninstitut's portfolio of DAX and EURO-STOXX return triangles. Over the past 20 years, a monthly investment in the MSCI World has yielded a return of 9.4 percent per...

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...

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...

Deka Fondsmagazin, Deka Investments: „Price declines used to enter the market“ (in German)

In an interview with Deka-Investments' Fondsmagazin, Dr. Christine Bortenlänger, Managing Director of Deutsches Aktieninstitut, proposes the introduction of an investment savings account to further promote equity savings in Germany....

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...

World Women's Day 2023: Better start investing in stocks today than tomorrow (in German)

In the past, a long-term and broadly diversified investment in shares has generated annual returns of six to nine percent on average. That is why, on the occasion of International Women's Day on March 8, Deutsches Aktieninstitut is...

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...

Return Triangle for employee shares (in German)

The return triangle for employee shares developed by experts of the hkp/// group calculates returns of, by way of examples, employee share ownership programs of the indices DAX, MDAX, TecDAX und SDAX, and for companies belonging to the...

Increase the spread of employee share ownership - Maintain deferred compensation and dispense with vesting periods (in German)

In a joint position paper, Aktieninstitut and Bundesverband Mitarbeiterbeteiligung AGP welcome the plan to raise the tax allowance on employee share ownership from 1,440 euros p.a. to 5,000 p.a.. However, the requirement that deferred...

Fortunalista – Der Finanzpodcast: Is it still worth investing in your mid-50s? (in German)

In the podcast with Fortunalista host Margarethe Honisch, our Executive Director, Dr. Christine Bortenlänger, answers current questions about the capital market. The conversation focuses on the areas of responsibility of Deutsches...

GoingPublic.de: "Many new shareholders have taken advantage of the price correction to enter" (in German)

Dr. Gerrit Fey, Head of Capital Markets, answers five questions on the record high shareholder figures 2022, which were published on January 17. In his view, equity savers have learned to take advantage of entry opportunities and react...

70 Years of Share Saving: Special edition of the Return Triangle to mark the 70th anniversary of Deutsches Aktieninstitut (in German)

"Saving is a good income," said the Roman politician and philosopher Marcus Tullius Cicero. This is particularly true for long-term broad-based stock saving, as shown by the yield triangles published today by the Deutsches...

Anniversary edition of the DAX Return Triangle (in German)

This is also impressively demonstrated by the special edition of the DAX Return Triangle on the occasion of the 70th anniversary of the Deutsches Aktieninstitut. Over the past 70 years, a portfolio of DAX stocks has generated an...

Strong returns after 20 years (in German)

Long-term investment in shares is crisis-proof (in German)

Differences between East and West Germany (in German)

Funds and ETFs are the most popular forms of equity investment (in German)

More women than men made a new decision to save in shares in 2022 (in German)

Investment strategies fund savers in 2022 (in German)

The young generation on the stock exchange shows how it's done (in German)

Shareholder numbers 2022: Germany can share! (in German)

2022 was a good year for the equity culture in Germany. Confidence in shares remains unbroken. A total of 12.9 million people were invested in shares, equity funds or ETFs last year. This represents an increase of 830,000 equity savers...

Interest in shares at record level in 2022 (in German)

Shareholder numbers at a glance 2022 (in German)

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...

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...

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...

New study "Generation Aktie" shows: Young investors invest long-term and regularly in equities and ETFs (in German)

The young generation relies on equity funds and equity-based ETFs. She informs herself online in social media and saves for asset accumulation and retirement provision. This is the result of a study by the Center for Research in...

Study shows: Young people invest long-term and regularly on the capital market

A new study by the Center for Research in Financial Communication at leipzig University in cooperation with the DIRK - Deutscher Ivestor Relations Verband and Deutsches Aktieninstitut shows that young people under the age of 35, the...

End discrimination against equity investment - introduce investment savings accounts (in German)

Die Eckpunkte des Zukunftsfinanzierungsgesetz sehen einen Freibetrag auf Kursgewinne vor, die beim Verkauf von Aktien und Aktienfonds anfallen. Was ist die angemessene Höhe dieser Freibeträge, damit Kleinsparer die notwendigen Anreize...

Employee shares: Side-effect-free entry drug into the stock market (in German)

According to the key points of the Zukunftsfinanzierungsgesetz  presented by the ministries of finance and justice at the end of June, the tax allowance for employee share ownership, for example employee shares, is to rise from the...

Employee share ownership: Existing allowance is used - further increase is needed (in German)

The proposed Zukunftsfinanzierungsgesetz released by the Geman Federal Ministry of Finance and the Federal Ministry of Justice provide an increase in the tax allowance for employee share ownership from the current 1,440 euros to 5,000...

hr-Info: Losing for the first time - How do young people fare on the stock market?

In an interview  with hr-Info, Dr Gerrit Fey explains why more young people have discovered the stock market for themselves in 2020. Technical achievements, social media and Corona were important factors for this. In addition, more and...

Zukunftsfinanzierungsgesetz: Holistic approach to the capital market (in German)

The key points for the Zukunftsfinanzierungsgesetz presented by Federal Minister of Finance Lindner and Federal Minister of Justice Buschmann provide important impulses. Whether tax-free capital gains or a higher employee capital...

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...

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...

FAZ insert: Even in phases of weak stock markets, it pays to keep investing (in German)

The war in Ukraine has changed the environment for shares. Nevertheless, assets such as shares have not become less attractive, emphasises Dr Christine Bortenlänger in an interview. The returns on the stock market are attractive enough...

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...

Survey: Employee share ownership and tax allowance

Employee share ownership is an important point on the capital market policy agenda of the federal government. The tax allowance, which was already raised last year from 360 euros p.a. to 1,440 euros p.a., is to be increased again....

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...

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...

Increasing the savings allowance shows little effect on investing with shares (in German)

In the model calculation, the financial effects of increasing the saver's allowance to 1,000 euros are examined with a view to equity investment and compared with other tax instruments. These include the cumulative savers' allowance,...

DAX40 (in German)

Ideas: Shares give people a share in the success of the economy - Interview with Dr. Franz-Josef Leven, Deputy Managing Director of Deutsches Aktieninstitut

What is the state of the equity culture in Germany? In an interview with the ideas magazine of Société Générale, Dr. Franz-Josef Leven talks about the questions of whether dividends are the better interest rate in times of high...

Ntv podcast "What the finance": Meaningful shopping on the stock exchange (in German)

What are shares actually, how many shareholders are there in Germany, what is the best way to invest and "are women at some point too old to buy shares"? In an interview with Sabrina Marggraf, Dr Christine Bortenlänger talks about the...

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...

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...

#breakthebias - Finances are also women's business (in German)

This year's International Women's Day is themed #breakthebias. When it comes to finances, it is also time to overcome outdated clichés. Finances are not a man's business, quite the opposite: women should go about it with...

FinanzBusiness: "Many in Germany can learn from their grandmothers and grandfathers".

In 2021, almost 12.1 million people in Germany were invested in shares, equity funds or ETFs - the third highest level since our survey began in 1997. In an interview with Sonja Ingerl, Dr Gerrit Fey talks about the new shareholder...

Germans stay the course when it comes to investing in equities (in German)

2021 was a good year for the equity culture in Germany. Almost 12.1 million equity savers were invested in shares or equity-based funds last year. Around every sixth person is thus involved in the stock market. Confidence in shares is...

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...

DAX Return Triangle (one-off investment): Long term investing improves the returns (in German)

DAX Return Triangle for savings plans: Long term investing improves the returns (in German)

Capital: "Since the financial crisis we count almost four million new shareholders" (in German)

In 2021, almost 12.1 million people in Germany were invested in shares, equity funds or ETFs - the third highest level since our survey began in 1997. In an interview with Nadine Oberhuber, Dr. Christine Bortenlänger talks about the...

Shareholder numbers at a glance (in German)

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...

Interest in shares remains at a high level in 2021 (in German)

Shareholder numbers 2021: Continuing at a high level

In 2021, almost 12.1 million people in Germany were invested in shares, equity funds or equity-based ETFs. That is around one in six of our fellow citizens over the age of 14 and the third-highest level since our study began in 1997.

...

Saving with funds remains the most popular form of equity investment (in German)

Traditional West-East divide (in German)

The young are ahead in the growth of equity savers in 2021 (in German)

Not enough women take advantage of the opportunities offered by investing in equities (in German)

Both genders rely more heavily on funds (in German)

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,...

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...

The new coalition is ready to go (in German)

The new federal government took office today. In order to achieve the goals it has set for itself, it has to get started right away, because the renewal of the state or Germany's climate neutrality are already mammoth tasks. Birgit...

Going Public (Spezial Mitarbeiterbeteiligung): Employee Share Ownership - Set the Traffic Light to Green (in German)

Since the middle of the year, a higher tax allowance for employee share ownership has been in effect. However, the new traffic light coalition should also remove regulatory hurdles, demands Dr Norbert Kuhn in his article for Going...

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...

Zeitschrift für das gesamte Kreditwesen: New government must set impulses per share (in German)

Germany is still far behind in terms of the number of its shareholders in an international comparison, criticises Dr Christine Bortenlänger. However, shares with their attractive returns are crucial for successful asset accumulation...

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...

Börse am Sonntag (Anlagetrends): Rejuvenation for the DAX (in German)

More than 30 years after its foundation, the German leading index DAX was expanded from 30 to 40 stocks. However, the MDAX is losing its heavyweights as a result of the reform, criticises Dr. Christine Bortenlänger. No matter which...

Deka: From investing to meaningful investment (in German)

Dr. Christine Bortenlänger and the Head of Economics at Deka Bank, Dr. Holger Bahr, spoke with business journalist Patrick Dewayne about the future of the securities culture. Topics included the attractiveness of shares for asset...

Germany lags behind in terms of IPOs (in German)

10,000 Euros will turn into 30 years (in German)

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...

Börse Online: Before the TV duel - stock exchange association calls for more debate on old-age provision with shares during the election campaign (in German)

In this interview, Dr. Franz-Josef Leven comments on the Bundestag election campaign. He criticises that the topic of old-age provision hardly plays a role in the political contest and makes a plea for old-age provision with shares. In...

€URO-Magazin: "Nobody needs the financial transaction tax" (in German)

A new Bundestag will be elected at the end of September. In the €URO interview, Dr. Franz-Josef Leven talks about the election programmes of the parties and what they mean from a shareholder's point of view. In particular, he...

Combating financial illiteracy in Germany (in German)

Financial literacy is an important part of general education. Nevertheless, economics remains a neglected subject in many schools. A call for better financial education in Germany.

„Ich bin fast 18 und hab‘ keine Ahnung von Steuern,...

Retail Investor Protection Legislation must Avoid Bureaucracy

The EU Commission currently evaluates the legislative framework for retail investor protection. We applaud this initiative and call for a better balance of the framework. The EU legislation for informing retail investors and providing...

Going Public: Fighting financial illiteracy in Germany (in German)

Financial literacy is an important part of general education. Yet the subject of economics ekes out a shadowy existence in many schools. What is needed is a fundamental understanding of economics and finance, taught by well-trained,...

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...

Promoting Shares in Germany - Suggestions for the 2021 Bundestag Election (in German)

For the Bundestag elections in 2021, we demand that the framework conditions for shares as an investment and financing instrument be improved. In addition to the design of the tax framework, it is important to strengthen Germany as a...

hkp: Employee equity ownership receives better framework conditions

The Finance Committee of the German Bundestag has decided to increase the tax allowance for employee equity ownership to 1,440 euros. In an interview with Constantin Härthe, Dr Norbert Kuhn welcomes the increase as progress, but...

Stocks are not buns

In a YouTube interview shortly before Easter, Finance Minister Olaf Scholz reacted in an unusually emotional way to a critical question about the financial transaction tax. He said that the criticism of the share tax was pretextual...

Handelsblatt Orange Podcast: Is it still worth getting involved in the stock market?

The DAX reached a new record high in April. The Orange podcast "Businessclass" asks whether it is still worth investing in the stock market. As one of the experts reporting on the Germans' increased interest in the stock market, Dr...

Plenty of new young shareholders in 2020 (in German)

Starting saving early pays off (in German)

Börse am Sonntag: Saving stocks is very popular

The shareholder boom brought Germany almost three million new equity savers. Interest in equity funds was particularly strong. In her article, Dr Christine Bortenlänger explains the reasons for the increased interest in funds and ETFs...

Going Public: Lucrative Employee Shares

In the course of the general shareholder boom in 2020, the number of employee shareholders has also increased significantly. However, in order to turn this development into a long-term trend, further political support is needed, says...

ZDF "Volle Kanne": New generation of shareholders

In the Corona crisis, Germans have discovered their love for stocks. The number of shareholders is as high as it was 20 years ago. The magazine "Volle Kanne" interviewed experts on this topic in a feature. Dr Gerrit Fey outlines the...

Investing 50 Euro per month in stocks (in German)

Stocks conquer the pockets of young shareholders (in German)

Our latest shareholder figures show: In 2020, more than 12 million people owned shares, equity-based funds or ETFs. That is an increase of almost 3 million people. Younger people have also invested courageously in the stock market. Is...

Shareholder numbers at a glance (in German)

Traditional West-East divide (in German)

Women invest rather in funds in 2020 (in German)

Over 2 million more stock investors rely on funds (in German)

Germany discovers love for stocks in 2020 (in German)

Shareholder numbers 2020: Germans are becoming more and more enthusiastic about stocks

In the Corona year 2020, almost as many people were involved in the stock market as last at the turn of the millennium. In Germany compared to 2019, around 2.7 million more people are now saving in shares, equity funds or ETFs. Just...

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...

Inpact Media: Have young people suddenly discovered the stock market?

Corona has given an additional boost to the youth trend that Deutsches Aktieninstitut has been observing in stock investing since 2014, states Dr Franz-Josef Leven. Corona lockdown, more free time, social media and financial...

Zeitschrift für das gesamte Kreditwesen: Equity culture 2020 - much light, but also shadow

Dr Christine Bortenlänger analyses in her article how the equity culture has developed over the past year. Overall, the equity culture has been robust despite Corona and Wirecard. To strengthen it further, however, a clear signal for...

marktEINBLICKE: Light and shadow in the new stock market year

The stock market world will also have to live with imponderables in 2021. In addition to Corona, six German state elections and the federal elections in September will provide sufficient excitement in the new year. If you want to relax...

Shortening trading hours on stock exchanges harm capital markets

We reject recent proposals to shorten trading hours on stock exchanges in the EU. From the point of view of publicly listed companies, shortening trading hours would restrict their ability to raise liquidity on capital markets for...

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...

Shareholder numbers 2019: Interest down (in German)

After two years of rising shareholder numbers, the positive trend came to a halt in 2019. In 2019 there were a total of around 9.7 million people in Germany who owned shares or equity funds. Compared to the previous year, almost...

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...

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...

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...

Total losses should be recognised for tax purposes further on (in German)

The German government intends to abondon the recognition of total share losses for tax purposes. Deutsches Aktieninstitut strictly opposes this proposal as it, among others, contradicts different judgements provided by the Federal...

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...

Behaviour and preferences of German shareholders 2018 (in German)

How do shareholders inform themselves? What are their preferences regarding dividend payments? Do they regard shares as instruments of wealth building? These and other related questions are analysed by this study which was prepared by...

Proposal regarding real estate transaction tax has a negative impact on stock-listed companies (in German)

Deutsches Aktieninstitut repeats its fundamental opposition regarding the proposal for a real estate transfer tax released by the Federal Minstry of Finance which harms badly stock listing of companies. At least it is of utmost...

Friedrich von Metzler receives the Meritum Ehrenpreis der Deutschen Wirtschaft 2019 - the Förderpreis is awarded to Rock it Biz (in German)

Deutsches Aktieninstitut awards Friedrich von Metzler for his outstanding civic commitment and his commitment to the social market economy with the Meritum prize of the German Economy. The banker receives the honorary prize for his...

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...

Number of Shareholders Rises to Over 10 Million in 2017 (Shareholding Statistics of Deutsches Aktieninstitut, 2018) (in German)

In 2018, the number of shareholders and investors in equity funds rose by 250,000. This is almost every 6th citizen. In total more than 10.3 million citizens or 16.2 percent of the Germans older than 14 years owned shares or equity...

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...

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...

More Shareholders in Germany - Overcoming Missunderstandings and Desinterest (in German)

Misunderstandings, bad feelings and a significant level of desinterest prevent Germans from investing money into shares. Even historically low interest rates have not increased their interest in equity investments. This is the core...

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...

Return Triangle for Employee Shares: Benefits for Employees, Companies and the Society (in German)

The return triangle for employee shares developed by experts of the hkp/// group calculates returns of, by way of examples, employee share ownership programs of the indices DAX, MDAX, TecDAX und SDAX, and for companies belonging to the...

Happy Birthday DAX – New Return Triangle Shows the Attractiveness of Regular Investments in Shares (in German)

On the occasion of the 30th anniversary of the German share index DAX Deutsches Aktieninstitut presents its new DAX-Return Triangle for the long-term monthly financial investment.

You can download the Return Triangle here.

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...

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...

Number of Shareholders Rises to Over 10 Million in 2017 (Shareholding Statistics of Deutsches Aktieninstitut, 2017) (in German)

The number of shareholders and investors in equity funds rised signficantly by 1.1 million to over 10 million in 2017. This equals 15,7 percent of the German population in the age of above 14 years, so that the pre-crisis level has...

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...

„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...

Standardised Key Information Document as Important Signal for Share Advisory - Improvement of Details necessary

Deutsches Aktieninstitut welcomes the proposed BMF-regulation for a standardised key informations document for shares. In order to relieve share advisory in banks the requirements should strictly take into concern already existing...

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...

Alleviate Custody of Employee Shares (in German)

In its comment on the national adoption of the Fourth EU-Anti-Money-Laundering Directive Deutsches Aktieninstituts asks for reliefs for the custody of employee shares.

German Parliamentary Elections 2017 – Sending a Strong Signal for Shares (in German)

Shares support the asset building of Germans and are indispensable for corporate finance. In its position paper for the German parliamentary elections, published today, Deutsches Aktieninstitut calls upon the political parties to...

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...

Employee Share Ownership as Pivotal Part of the Capital Markets Union

In its position paper Deutsches Aktieninstitut asks the European Commission to include emloyee share ownership as a further action point in the Capital Markets Union project. It is necessary to scrutinise existing European legislation...

Number of Shareholders Remains Stable at Nine Million - Politicians Are Called Upon to Act (in German)

The number of shareholders and private investors in equity fonds has remained stable, as Deutsches Aktieninstitut notes in its study on the number of shareholders published today. In the annual average the number was just under nine...

Number of Shareholders Keeps Constant at 9 Million in 2016 (Shareholding Statistics of Deutsches Aktieninstitut, 2016) (in German)

The number of shareholders and investors in equity funds kept constant at 9 million in 2016. This equals 14 percent of the German population in the age of above 14 years. The high level of market volalitility in the first half of the...

„Return-Triangle“ Sends a Clear Message: The Country Needs More Shares (in German)

Shares are profitable and are 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...

Baumann Calls on Politics and Economy to Strengthen the European Union (in German)

At the autumn reception of Deutsches Aktieninstitut, held today in Brussels, Werner Baumann, President of Deutsches Aktieninstitut and CEO of Bayer AG, requested more support for Europe. Politics and economy had together to convince...

Hessian Finance Minister Schäfer: „Employee shares offer above-average returns” (In German)

At a conference of the Deutsches Aktieninstitut and the Global Equity Organization the Finance Minister of Hesse Dr. Thomas Schäfer and Hauke Stars, Member of the Executive Board of Deutsche Börse AG, discussed an increased employee...

Baumann Is Calling for an Improved Inclusion of Shares in Retirement Provisions (in German)

This year the traditional reception of Deutsches Aktieninstitut took place at the Tropicarium of BAYER CropScience AG in Monheim. Besides Werner Baumann, President of Deutsches Aktieninstitut, Professor Dr. Axel Weber, Chairman of the...

Kurvenlage - Semi-Annual Report, Second Term 2015, Focus: Capital Markets Union (in German)

Number of Shareholders in Germany Up by Half a Million in 2015 - Negative Trend Broken (Shareholding Statistics of Deutsches Aktieninstitut, 2015) (in German)

The Germans' confidence in shares has returned in 2015. The number of shareholders and investors in equity funds rised to 9 million which is the highest level since three years. This equals 14 percent of the German population in the...

Positive Signals for Equity Culture: Number of Shareholders Rises in 2015 (In German)

The number of shareholders and private investors in equity funds in Germany increased by 560.000 in 2015, as has been shown in a study of Deutsches Aktieninstitut on the number of shareholders published today. In total we have now well...

Updated "Return-Triangle" published – Don´t Get Upset by Drops in Share Prices (In German)

As the Return-Triangle of Deutsches Aktieninstitut shows, shares or equity funds are perfectly suited for wealth building. The updated version illustrating the development of prices and dividends in 2015 is available for download at...

Reform of investment funds' taxation should not further discriminate shares (in German)

In its comment on the proposal to reform the taxation of investment funds Deutsches Aktieninstitut states that disadvantages for the long-term wealth building and the corporate finance should be avoided.

Equity Investment in Foundations – Break Down Reservations (in German)

Allocating assets partly into equities can help foundations to better serve their charitable objectives – not only at the currently low interest rates. This is a central result of a study of Deutsches Aktieninstitut and UBS...

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...

Share investment is a Matter of Mindset – New Study about the Attitude of Germans towards Shares (in German)

Misunderstandings, prejudices and uncertainties influence the relationship of Germans to share investments. This has been ascertained by a study of Deutsches Aktieninstitut and Stuttgart Stock Exchange, examining the attitude of...

Kurvenlage - Semi-Annual Report, Second Term 2014, Focus: A New Start in Brussels (in German)

Despite the Ongoing Bull Market the Number of Shareholders in Germany is Declining (in German)

In 2014 about half a million people bid their shares or shares in funds farewell. Despite rising prices at the stock exchanges the number of share investors dropped the second year in a row. Only 8.4 million Germans, i.e. about 13...

Numbers of Shareholders Down by 500.000, Negative Wealth Effect for Private Households (Shareholding Statistics of Deutsches Aktieninstitut, 2014) (in German)

The equity culture in Germany takes the second hit in row. In 2014 the number of sharholders and holders of equity funds declines by 500.000 - despite of rising share prices. Only 8.4 million Germans (13.1 percent of the population)...

New edition of the stock return triangle - shares promote private wealth building in the long run (in German)

Shares and equity funds promote wealth building of private households. This is demonstrated by the stock triangle of Deutsches Aktieninstitut, which visualizes the peformance of the companies of the DAX over the past 50 years. The new...

More enthusiasm for employee shares – simplification of regulatory framework and extension of tax relief needed (in German)

In its position paper “More enthusiasm for employee shares in Germany: Adequate Incentives – Less Obstacles” published today, Deutsches Aktieninstitut sees a need for politicians to engage more in the support of employee share-schemes....

As a result of regulation banks refrain more and more from providing investment advice in shares - a survey (in German)

As a result of the increasing regulation more and more banks refrain from providing investment advice for shares. This is the main outcome of a survey conducted among German credit institutions. Due to strict regulatory requirements 22...

President of Deutsches Aktieninstitut rejects financial transaction tax (in German)

At the annual reception of Deutsches Aktieninstitut today, Werner Baumann, President of Deutsches Deutsches Aktieninstitut, called for dropping ultimately the plans to introduce a financial transaction tax in EU.

The complete press...

Deutsches Aktieninstitut critisizes the Proposal on a Reform of the Shareholder Rights Directive (in German)

The complete press release can be downloaded in German below.

Kurvenlage - Annual report 2013, Focus: Employee Participation (in German)

Number of shareholders stays constant, sharp drop in the number of holders of equity funds (shareholding statistics of Deutsches Aktieninstitut, 2013) (in German)

In 2013 there has been 600.000 people less investing in shares or equity funds compared to 2012 - a set back for the equity culture in Germany. This is a key result of the most recent issue of the shareholding statistics of Deutsches...

Number of shareholders declining: Aktieninstitut warns about negative long term consequences for private wealth building (in German)

Last year 600.000 people less than 2012 were invested in shares or equity funds. This is the key finding of the most recent shareowner statistics of Deutsches Aktieninstitut. Only 8.9 million Germans placed private savings into shares...

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...

Behavior and preferences of German shareholders (in German)

The study provides the results of asurvey among morethan 400,000 retail investors of Deutsche Post DHL. Answers to the following questions are given: What sources of information do retail investors use? Do they preferdividends or...

Deutsches Aktieninstitut surveys status quo of employee shareownership in Germany (in German)

The complete press release in German is available for download below.

Recommandations for the forthcoming Federal Government (in German)

Deutsches Aktieninstitut released recommandations for the coaltion talks between CDU, CSU and SPD. It was stressed that the functioning of capital markets should be retained and improved. An adequate regulatory framework is decisive...

Number of shareholders on the rise, number of investors in equity funds decreases (Shareholding statistics of Deutsches Aktieninstitut, first half of 2013) (in German)

In the first half of the year 2013 the number of direct shareholders has increased by 7.1 percent. Compared to 2012 additional 323.000 people have decided to invest in shares, so that there are now 4.9 million direct shareholders in...

Number of shareholders on the rise, number of investors in equity funds down (in German)

In the first half of the year 2013 the number of direct shareholders has increased by 7.1 percent. Compared to 2012 additional 323.000 people have decided to invest in shares, so that there are now 4.9 million direct shareholders in...

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...

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.

Financial Transaction Tax will hurt massively the companies of the real economy (in German)

The financial transaction tax will cause massive burden for the real economy. In an analysis Deutsches Aktieninstitut calculated the impacts of the new tax on 24 large German companies. Even under conservative assumptions the estimated...