Data from Investment Research Finland points to net outflows of around €1bn from funds in Finland through September, predominantly from equity funds.
The asset class accounted for net outflows of some €559m, while short term bond funds saw €467m flow out.
Total net asset value of locally domiciled mutual funds was some €115.8bn by the end of the month.
The top three local fund providers by market share were Nordea Funds (37.6%), OP Fund Management Company (21%) and Danske Invest (9.2%). Collectively, they experienced net outflow of about €1bn.
By category, global equity remains the largest category of equity funds, and short term bond funds in fixed income.
Finland equity funds saw net outflows of over €352m through the month.