SEK5.3bn into Swedish funds in May

Jonathan Boyd
clock • 1 min read

Net inflows to funds in Sweden hit SEK5.3bn (€497m) in May, particularly into fixed income and equity funds, although balanced funds saw net redemptions, according to the figures published by the Swedish Investment Fund Association (Fondbolagens förening). The Association notes that a lot of the shifting of assets between categories of funds is down to allocations made within the premium pension (PPM) system as well as institutional reallocations. May sees the annual distribution of rebates in the PPM system; net inflows to PPM hit SEK6bn (€563m) through the month. Long term bond fund...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

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