The corona- pandemic was also seen in the mutual fund markets in March. Funds domiciled in Finland had negative net inflows of 4,5 billion euros. Assets under management decreased also due to stock market development. Aggregate AuM at the end of the month was 106 billion euros.
The redemptions were focused on bond and short-term funds. These funds had overall negative net inflows of 3,6 billion euros. 785 million euros were redeemed from asset allocation funds and only 138 million euros were redeemed from equity funds. Alternative funds instead received 83 million euros of new capital.