Investors buy DKK46bn worth of Investment Associations in H1

Figures published by The Federation of Danish Investment Associations suggests DKK46bn (€6.1bn) worth of investments were made into the vehicles in the first half of 2013.

This helped take total AUM represented by the funds to some DKK1,260bn (€169bn).

Investors have received some DKK22bn in payouts from the funds over the period.

Fixed income sectors, excluding non investment grade, have continued to attract Danish investors, the figures suggest. By contrast, demand for equities has remained relatively weak.

Retail net flows DKKbn June First half 2013
 Equity -1-1.2
 Danish bonds 0.67.3
 Foreign bonds 3.410.7
 Balanced 0.31.5
 Hedge funds 0.10.6
 Total 3.519



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