€1.5bn in net flows to Finnish funds through January

Jonathan Boyd
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€1.5bn in net flows to Finnish funds through January

Funds domiciled in Finland received net inflows of €1.5bn through January, which together with market movements took assets under management to €127bn.

Investment Research Finland notes that equity funds had net inflows of €188m, fixed income funds €669m, asset allocation funds €674m and alternative funds €22m.

The total monthly net inflow was at its highest level since mid 2017, the data suggests. The net inflows to equity funds stands in contrast to the 12-month net outflows. 

Nordea Funds retains the largest market share, with 39.4%. 

OP has 20.3%, while Danske Invest has 8.6%.

Evli has 7.7%, FIM 5.4%, and Aktia 4%, according to the January figures.

 

Jonathan Boyd
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Jonathan Boyd

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