Norwegian fund association: Total AUM fell by NOK 80.1bn in June
June this year was the worst month on the Oslo exchange since March of 2020.
BY ANNE GRETE STORVIK, FINANSWATCH.NO, TRANSLATED BY DANIEL FRANK CHRISTENSEN
Declining stock market values resulted in total assets under management in the Norwegian funds market dropping by 4.7% to NOK 1.619trn (EUR 159.31bn) in June, show figures from the Norwegian Fund and Asset Management Association, VFF.
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