Assets under management set new record in July

Amount of assets under management rose 2,3 billion euros totaling 71,0 billion euros in the end of the month. Net subscriptions accounted for 884 million of this rise while positive market development increased the assets with 1,4 billion euros.
Equity funds’ assets under management rose 4,6% (1,1bn euros). Positive market development accounted for 897 million euros of this change. Net subscriptions into equity funds were 214 million euros during July.

The best performing fund category during July was Nordic equity, which returned 6,8%. With 12-month perspective, the best performing category was the consumer sector with average return of 25,3. With 60-month perspective, the best performing category was the healthcare sector with average return of 12,3 percent.