Data published by Investment Research Finland for May suggest the domestic funds sector saw the biggest monthly redemption since the first half of 2010. Net redemptions totalled some €1.4bn across all fund categories through the month - which coupled with market movements took total industry assets to some €114bn by the end of the month. Equity funds saw net redemptions of €2.2bn. Some €1.4bn of equity fund redemptiosn were due to outflows from Finnish funds into foreign funds. Asset al...
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