Retail and foreign investors buy, while local institutions sell in Norway through October

Data published by the Norwegian Fund and Asset Management Association, VFF, suggest local retail investors were net buyers through October, ditto foreign investors in Norwegian securities funds, but that local institutional investors were marginal net sellers. Retail investors invested NOK565m on a net basis over the month, of which NOK694m went into bond funds, with NOK91m into balanced funds, countered by net redemptions from equity funds of NOK192m. The trend so far in 2019 means retail investors have put a net NOK5.28bn into securities funds, while assets are up 16% to NOK265bn. ...