Funds domiciled in Finland had net investments of 1554 million euros. Assets under management grew also due to favorable market development. Aggregate assets under management were 127 billion euros.
Equity funds had inflows of 188 million euros. In addition, long – and short-term fixed income funds had aggregate inflows of 669 million euros. Asset allocation and alternative funds increased also their assets under management with inflows of 674 and 22 million respectively.
Year 2020 began with incredibly favorable equity market development in which wasn’t hindered by the conflict between USA and Iran. China and USA also agreed upon the first phase of the trade deal which in turn also gave support to the market development.