Equity funds gained almost 1 billion euros of new capital during September

A great numbers of investments were made to Finnish domiciled mutual funds during September. Equity funds were the biggest gainers of new capital. Net subscriptions to equity funds totaled 957 million euros. Positive market development accounted over 1 billion euros to the value of the Finnish domiciled equity fund. In total assets under management in Finnish mutual funds grew almost by 2 billion euros.

During September 725 million euros were invested to mutual funds. Also assets under management grew about 1.5 billion euros due favourable market development. The assets under management in Finnish domiciled mutual funds totaled 72.7 billion euros, which is an all-time high.