Funds domiciled in Finland had net subscriptions of over half a billion euros. However, aggregate assets under management declined due to market developments. Aggregate AuM was 122 billion at the end of September. Since June, Finnish Fund Report has included ESG ratings for funds. These ratings provide information on sustainable investing.
In September, equity funds received inflows of 381 million euros. Short term and asset allocation funds received inflows of 138 and 117 million, respectively. In addition, alternative funds received inflows of 52 million. The largest outflows were from bond funds, totaling 164 million euros.