SEK3.9bn to funds in June, reports Sifa

Jonathan Boyd
clock • 1 min read

The Swedish Investment Fund Association (Fondbolagens förening) has reported some SEK3.9bn (€360m) went into funds on a net basis through June, predominantly in equity and bond funds, while balanced funds experienced net withdrawals. However, the Association also notes that a significant portion of money being switched between and within fund sectors through the month can be explained by switches in the Premium Pension (PPM) system. Equity funds experienced net inflows of SEK7.8bn (€730m), while bond funds saw SEK3.9bn (€360m) come in. Net withdrawals from balanced funds hit SEK5.2bn ...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

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