January has seen retail investors put €1.56bn of net new money into Spain's local funds, according to data published by the local industry body association Inverco.
Some €913m of this retail money went to global mixed fixed income funds, while €619 went to mixed equity products.
Global funds and global fixed income products received net new investments of €478m and €394m, respectively.
Conversely, there were some fund categories that saw net redemptions in January. Short term fixed income products suffered the greatest loss of money, with redemptions of €613m. Global and Spanish equity funds also suffered money withdrawals valued €230 and €194m, respectively.
Overall, Spanish funds' assets under management grew by €446m in January to a total volume of over €277bn at the end of January. The figure is 0.2% up compared to the end of 2019.