2019 a year of record AUM in Norway

2019 saw the Norwegian investment fund industry reach record assets of NOK1.328trn (€134bn), as net inflows of NOK47bn were boosted by retuns of NOK160bn through the year, the Norwegian Fund and Asset Management Association (VFF) has reported. Retail investors invested a net NOK10bn, while total assets of this segment gained NOK48bn, or 21.2% to NOK276bn (€28bn). An additional NOK5bn was invested via pension savings that allow for self-selection, such as the IPS account. Total assets in this category hit NOK206bn. (Source: VFF)  Equity funds provided returns of NOK30bn to reta...