Stormy times caused a drop in total assets under management in Finnish mutual funds during November 2011

The turbulent period in the financial markets took its toll on the total assets under management in Finnish mutual funds during November 2011. The total assets decreased from 56,3 billion euros to 55,0 billion euros during the month. Some 977 million euros of total drop was caused by falling stock prices while negative net subscriptions totalled 328 million euros.