Over 500 million euros redeemed from funds in October

535 million euros of net subscriptions was redeemed from Finnish domiciled funds. Most of the redemptions were from long-term bond funds. Due to unfavorable equity market movements, the total assets of Finnish domiciled funds decreased to 111,5 million euros.

Long-term bond funds experienced net redemptions of 680 million euros and asset allocation funds 103 million euros. Alternative funds lost 7 million euros in net subscriptions. On the other hand, equity funds received net subscriptions of 223 million euros and short-term bonds 31 million euros. At the beginning of the year, alternative funds have received the largest inflows in net subscriptions both in euros and in relation to the total assets of asset class.