Buying trend flips again in Norway

Following two months of net outflows from Norwegian funds, the market saw net inflows during October, reports the Norwegian Fund and Asset Management Association (VFF).

Retail buyers put about NOK2bn (€216.6) into funds on a net basis through the month – some NOK1.3bn into equity and balanced funds, and NOK780m into bond funds.

Institutional investors put NOK2.2bn (€238m) into funds on a net basis, of which NOK1.8bn was put into different types of fixed income funds. Net purchases of equity funds hit NOK860m, although net redemptions hit balanced funds to the tune of NOK420m.

Foreign investors were net sellers of funds, with some NOK1.8bn withdrawn on this basis.

The total market saw net investments in securities funds of some NOK2.9bn through October, taking total assets managed to NOK919bn (€99.5bn) , up from NOK885bn the previous month.


Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 17 years he has been based in London writing about funds and investments. From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).

Read more from Jonathan Boyd

Close Window
View the Magazine

You need to fill all required fields!