Norwegian investors continue buying through the summer

Retail investors put another net NOK1.15bn (€115m) into investment funds through July, contributing to total net inflows of NOK12.2bn (€1.2bn), as the traditional summer lull did not seem to put locals off being active in the funds market, reports VFF, the Norwegian Fund and Asset Management Association. At the retail level, some NOK320m was put into equity and balanced funds, with NOK837m going to different types of fixed income funds. The net investments helped take total retail assets under management to NOK257bn (€25.7bn) and increase of 13% since the beginning of the year. Additi...