The German sustainable fund market in the second half of 2025
Article 8 and Article 9 funds are associated with lower ESG risks, but the categories need reform.
The market for funds with sustainability features remained largely flat in the second half of 2025: as at the end of December, funds falling under Articles 8 and 9 of the EU Sustainable Finance Disclosure Regulation (SFDR) managed a total of around EUR 1,250 billion on behalf of investors in Germany.
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You can read more about the fund industry's role as a driver of the green transformation in our Brochure "Facts about Investment Funds".