German investors sharply increased allocations to equity ETFs, with net inflows
of €50.0 billion in the first nine months of the year (about $55 billion), up
roughly 50% from €34.0 billion a year earlier, industry group BVI said. Equity
ETFs now account for nearly 90% of retail equity fund inflows. Much of the money
has moved from bank deposits into higher‑yielding assets, drawing strong
interest from asset managers; planned pension reform next year could further
boost the trend.