NOK15.5bn into Norwegian funds in first half of 2012
Figures from the Norwegian Fund and Asset Management Association (Verdipapirfondenes forening) point to a net NOK15.5bn (€2bn) invested in Norwegian funds during the first half of the year.
Over half this net investment, or NOK8.7bn (€1.16bn), was into bond funds. Equity funds took NOK5.8bn (€0.78bn), while balanced funds and other funds accounted for NOK897m (€120) invested on this basis.
Overall assets under management increased by NOK26bn (€3.5bn) over the period to NOK511bn (€68.5bn), the Association reported.