Net subscriptions to equity funds worth 240 million euros in September

Net subscriptions to mutual funds domiciled in Finland were worth 117 million euros in September. Total assets under management decreased from 94.2 billion euros to 92.6 billion euros. This was due the unfavourable market development.

Net subscriptions to equity funds were worth 240 million euros. Net subscriptions to asset allocation funds were worth 53 million euros and 56 million euros to alternative funds. On the other hand net redemptions from short-term bond funds were 184 million euros and 48 million euros from long-term bond funds.