Equity funds had the largest net subscriptions in October

Funds domiciled in Finland received net subscriptions of 274 million euros. However, assets under management decreased due to market developments. Aggregate assets under management were 122 billion euros at the end of month. Since June 2020, Fund Report has contained MSCI ESG -metrics that provide information on sustainability.

In October equity funds received 448 million euros of new capital. Short term funds received 134 million euros and asset allocation funds received 94 million euros. Additionally, alternative funds received 12 million euros of new capital. Most of the redemptions were from bond funds that had net redemptions of 414 million euros.