Investment Company Institute

Number of Open-end Investment Companies
 

1991

1992

1993

1994

1995

1996
Non-USA countries            
Australiaa

N/A

404

366

698

752

1,117
Austria

295

313

337

387

452

517
Belgium

73

126

161

211

277

340
Brazil

N/A

N/A

N/A

N/A

N/A

1,143
Canadaa

N/A

549

633

813

916

954
Denmark

114

119

161R

158

168

189
Finland

12

16

24

39

44

56b
France

4,515

4,538

4,577

4,826

4,878

5,379

Germany public

337

412

463

528

583

641

special

N/A

N/A

N/A

N/A

2,609

2,839b
Greece

18

39

68

93

119

148
Hong Kong

N/A

539

566

630

670

708
India

N/A

N/A

20

33

42

42d
Ireland

153

148

145

293

285

N/A
Italy

221

255

292

354

459

531
Japan

N/A

5,701

6,086

6,306

6,408

5.879
Korea

N/A

705

1,149

1,404

1,943

N/A
Luxembourg

761

860

945

1,007

3,081R

3,403c
Mexico

N/A

N/A

N/A

N/A

252

N/A
Netherlandsa

88

136

175

136R

159R

179
New Zealanda

N/A

90

120

162

475

551
Norway

89

100

117

159

185

188
Portugal

82

98

109

129

150

182
South Africa

N/A

N/A

N/A

69

91

107
Spain

373

477

571

656

743

985
Sweden

447

435

467

314

298

316
Switzerland

183

186

201

216

218

251
Taiwan

N/A

N/A

N/A

43

67

82c
United Kingdom

1,398

1,373

1,420

1,452

1,490

1,532
Total non-USA

9,159

17,619

19,173

21,116

27,814

28,259
USA long term

2,606

2,985

3,638

4,394

4,764

5,305

short term

821

865

920

963

997

988
Total USA

3,427

3,850

4,558

5,357

5,761

6,293
Total World

12,586

21,469

23,731

26,473

33,575

34,552

a=Includes real estate funds

b=As of Septermber 30,1996

c=As of June 30, 1996

d=As of March 31, 1996

R=Revised

Note: Comparison of annual number of funds across countries is not recommended because reporting coverage, dates and definitions are not consistent.

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