Redemption frenzy caused by the Coronavirus pandemic calmed down in April. Finnish domiciled funds received net redemptions of 408 million euros. However, total assets grew due to favorable market developments. Aggregate end of month net assets was 112 billion euros.

Bond funds had net subscriptions of 327 million euros. Additionally, asset allocations funds and alternative funds received inflows of 99 million and 27 million euros, respectively. Short term funds received redemptions of 652 million euros and equity funds received redemptions of 210 million euros.

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.

Funds domiciled in Finland had net inflows of 107 million in February. Assets under management decreased due to stock market development. Aggregate AuM at the end of the month was 123 billion euros.

Bond and short term funds had overall net inflows of 218 million euros. Asset allocation funds received 77 million euros and alternative funds 116 million euros as well. Equity funds had redemptions of 209 million euros.

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.

Funds domiciled in Finland had overall net subscriptions of 376 million euros in 2019. Assets under management grew as well through favorable market development. Aggregate assets under management at the end of the year were 125 billion euros.

Although mutual funds in general had inflow of new capital, there was large fluctuation between various asset classes. The net inflow of bond and short-term funds was approximately three billion euros. The net inflow of asset allocation funds was 716 million and alternative funds 1,1 billion euros. In the other hand, the equity funds lost 4,6 billion euros. A part of this can be explained by funds moving abroad from Finland.

A total of EUR 215 million was redeemed in November for mutual funds registered in Finland. However, the fund capital increased due to favorable market developments. The total value of fund assets at the end of the month was EUR 123 billion.

EUR 283 million was invested in asset allocation funds and EUR 18 million in alternative funds. Assets were redeemed from EUR 285 million in long-term funds, EUR 194 million from short-term funds and EUR 36 million from equity funds. Since the beginning of the year, equity funds have lost EUR 4.6 billion.

Funds domiciled in Finland had net subscriptions of 1 million euros in October. Assets under management grew through favorable market development. Aggregate assets under management at the end of month were 121 billion euros.

Bond funds had net inflows of 358 million euros and asset allocation funds net inflows of 100 million euros. 26 million euros were invested in alternative funds. Net outflows in equity funds were 448 million euros and in short-term funds 35 million euros. Equity funds now have year to date outflows of 4,5 billion euros.

Funds domiciled in Finland had net inflows of 350 million in September. Assets under management grew due to favorable market developments. Aggregate AuM at the end of month was 121 billion euros.

Bond funds had net inflows of 483 million euros and asset allocation funds received 117 million euros. 116 million euros were invested into alternative funds. Equity funds had redemptions of 147 million euros and short term funds 219 million euros. Equity funds have year to date outflows of 4,1 billion euros.

In August, a total of 118 million of new capital was invested in mutual funds domiciled in Finland. Fund capital decreased due to market developments. The total value of fund capital at the end of the month was 119 billion.

335 million of new capital was invested in short-term funds and 9 million in hybrid funds. Assets redeemed from equity funds totalled 105 million and from long-term funds 119 million. Since the beginning of the year, equity funds have lost approximately 4 billion in capital.

In July, a total of 697 million of new capital was invested in mutual funds domiciled in Finland. Fund capital also grew due to favorable market developments. The total value of fund capital at the end of the month was 119 billion.

Bond and short-term funds had 348 million and 315 million euros worth of subscriptions respectively. 70 million was invested in alternative funds. Total of 35 million were redeemed from equity funds. Since the beginning of the year, equity funds have lost over 3.9 billion.