Finnish mutual fund AUM hits €123bn in November

Jonathan Boyd
clock • 1 min read

Data published by Investment Research Finland suggests market movements contributed favourably to an overall increase in AUM of locally registered mutual funds to some €123bn - despite net redemptions of €125m through the month. Some €283m was invested in asset allocation funds through the month, and €18m in alternative funds. However, net redemptions of €285m hit long term bond funds, of €194m hit short term bond funds, and of €36m hit equity funds. Since the start of 2019, equity funds have seen some €4.6bn withdrawn. Nordea Funds retains a leading share of the market, with 39...

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Jonathan Boyd
Author spotlight

Jonathan Boyd

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