Assets Under Management Increased by 700 million euros in August

The assets in Finnish Mutual Funds rose increased to 62.5 billion euros in August. The investors showed interest in mutual funds by buying new shares worth 450 million euros. Also the market prices were climbing, with 280 million euros.

The equity funds gained 730 million euros, with the AuM totalling 20.2 billion in the end of August. This was mainly due to the investors buying new shares in equity funds (€286m).

The bond funds gained 615 million euros. The total assets under management amounted to 20.5 billion.

The assets in money market funds totalled 11.4 billion and the asset allocation funds 8.9 billion euros.