Data published by the Swedish Investment Fund Association show that net inflows in November hit SEK11.4bn (€1bn), primarly driven by equity and balanced funds. Investors put SEK9.5bn into equity funds on a net basis, with balanced funds attracting SEK4bn. However, net withdrawals were seen from long term bond funds (SEK1bn) and shor term bond funds (SEK1.7bn). This reversed a trend seen on a year-to-date basis, in which long term bond funds have attracted the majority of total net fund sales of SEK79bn - SEK49.1bn versus SEK24.3bn for equity funds. Some SEK22bn of the SEK49.1bn has...
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