Low net inflow from Norwegian retail investors in September
Norwegian fund managers are noticing that retail customers are setting aside less for savings than before. In September, DNB and Nordea were at opposite ends of the scale for net flows.
By Magnus Eidem
In total, September ended with a net inflow to Norwegian mutual funds of NOK 6.5bn (EUR 556m), of which NOK 3.8bn (EUR 325.1m) was invested in equity funds and NOK 3.4bn (EUR 290.8m) in fixed income funds. This is evident from the Norwegian Fund and Asset Management Association (VFF) statistics.
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