Net subscriptions to mutual funds domiciled in Finland were worth €117m in September, according to data from Investment Research Finland. However, because of market movements, the total assets reported by the industry fell to €92.6bn from €94.2bn. Equity funds attracted a net €240m, with €53m and €56m going to asset allocation and alternative funds respectively. […]
Total assets of mutual funds domiciled in Finland fell through August following market volatility that decreased the value of existing assets alongside net redemptions, data from Investment Research Finland suggests. Assets fell some €4.5bn through the month to €94.2bn, but just €386m of this was accounted for by net redemptions. Net redemptions from long term […]
Data published by Investment Research Finland point to net subscriptions into mutual funds hitting €3.8bn in May. There were high flows into new non-Ucits funds, which opened through the month. These helped total net assets under management hit a new record high of €100bn. “The biggest gainers of new capital were asset allocation funds with […]
Net inflows to mutual funds domiciled in Finland hit €1.7bn in March, taking total AUM to a new high of €95.5bn, including growth attributable to favourable market conditions. Data published by Investment Research Finland points to bond funds as a key sector over the month, attracting net investments of some €777m. Short term bond funds […]
Net sales of mutual funds domiciled in Finland hit €1.5bn in February, according to data published by Investment Research Finland. Together with market gains of some €2bn, this helped push total assets to a new record of €92.5bn. Piia-Noora Kauppi, managing director of the Federation of Finnish Financial Services, said an increasing number of Finns […]
The first day of the Pan-Nordic Fund Selector Summit in Stockholm saw six asset management groups present, delegates network, and a hugely engaging dinner speech by former Swedish prime minister Göran Persson.
Data from Investment Research Finland suggests that net sales of Finnish domiciled mutual funds hit €8.6bn in 2014, up 83% on the previous year. Assets under management of locally domiciled funds increased €5.2bn as markets performed positively, taking the year end assets to €85.1bn – an all time high. The industry saw mergers between Nordic […]