Instability decreased fund sizes in June

The combined net asset value for funds domiciled in Finland decreased from 98,1 billion euros to 97,3 billion in June. From the decrease 562 million was due to unfavorable market movements and 246 million to redemptions.

Money market funds had the biggest net subscriptions in June with 441 million euros when alternative funds came second with 87 million euros. The biggest redemptions were made from equity funds with -640 million in net subscriptions. Asset allocation funds and long-term bond funds had net subscriptions of -16 million and -118 million euros respectively.