Finnish funds experience net redemptions through 2018

Jonathan Boyd
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Finnish funds experience net redemptions through 2018

Net redemptions from Finnish domiciled funds hit €3.9bn for the full year 2018, according to data reported by Investment Research Finland. Bond funds saw redemptions of €2.4bn, equity funds €1.9bn. Together with market movements, total industry assets fell to €110.1bn by the end of 2018, from €116.2bn at the end of 2017. Nordea funds retained a 40.1% market share. OP Fund Management Company had 20.5%, and Danske Invest Fund Management 8.7%. Just six asset managers attracted net su...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.