€350m into Finnish funds in September
Data published by Investment Research Finland points to €350m of net inflows to funds domiciled in Finland through September.
Of this, some €483m flowed to bond funds, with asset allocation fund inflows hitting €117m.
Alternative funds also saw positive inflows of €116m.
However, equity funds saw redemptions of €147m, and short term funds some €219m. So far in 2019, equity funds have seen net outflows of €4.1bn.
By market share, Nordea Funds has 39%, OP Fund Management Company has 20.7%, and Danske Invest 9%. Evli has 7.6%, FIM 5.4%, and Aktia 4.3%.
By asset class, equity funds account for 35.3% of total assets. Bond funds account for 26.7%, asset allocation funds 20.3%, short-term bond funds 12.4%, other alternatives 5.1%, hedge funds 0.6% and money market funds 0.2%.
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