Mutual fund net flows over billion euros

Finnish domiciled mutual funds received 1.1 billion euros in net subscriptions in July. Assets under management totaled 113,5 billion. From these assets around 20 billion is originated from Sweden.

The largest net flows were experienced by equity funds with 539 million euros. Asset allocation funds came second with 364 million euros, followed by short term funds (242 million euros) and alternative funds (77 million euros). For bond funds, the flows were negative 151 million euros.