H1 net fund inflows strongest since 1997 in Sweden

Net fund inflows of SEK48.3bn in Sweden during the first half of 2013 have been the strongest since 1997, according to figures published by the Swedish Investment Fund Association.

The inflows took total investment fund assets to SEK2.225trn (€256.4bn) at the end of June – the same month that saw net inflows of SEK1.8bn overall as money market and balanced funds attracted money but equity and bond funds saw withdrawals.

Net sales of funds, SEKbnJuneTotal Jan-Jun 2013

 Equity

 -7.713.8
 Balanced 2.529.2
 Bond -0.7-11.8
 Money market 7.617.5
 Hedge 0.1-0.4
 Other 0.10
 Total 1.848.3

 

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