Some €597m of net inflows were experienced by funds domiciled in Finland through June, according to data from Investment Research Finland.
Long term bond funds attracted €328m, with short term bond funds attracting €190m. Some €88m was invested in alterantive funds, while €43m was redeemed from equity funds. Since the start of the year, equity funds have lost some €3.8bn.
Together with gains in market valuations, total industry assets at the end of June hit €117bn.
By market share, Nordea Funds ranks first at 39.2%, OP Fund Management Company is in second place with 20.7% an Danske Invest in third with 8.9%.
By asset class, equity fund shares account for 35.8% of the market, with long term bond fund shares taking 26.5%.
To read the full market statistics, visit: https://www.sijoitustutkimus.fi/wp-content/uploads/2019/07/FundReport_201906.pdf