A total of €2.1 billion was redeemed from mutual funds registered in Finland in March. Fund assets under management also declined due to market developments. At the end of the month, total fund assets stood at €200 billion.
In March, new capital was invested in asset allocation funds totalling €191 million and in alternative funds totalling €25 million. Redemptions amounted to €1,685 million from equity funds, €99 million from long-term bond funds, and €546 million from short-term bond funds.
