July brought relief to Nordic fund markets - especially for one country

After a tough June, July was a much-needed bright spot for fund markets, providing positive market developments and net inflows. There were still winners and losers among the fund managers, however, AMWatch’s monthly review shows.

Photo: Jens Dresling

After a tough 2022 so far, July was a relief to fund managers. For only the second month this year, Nordic fund managers saw their assets under management increase.

For the four Nordic fund markets, assets under management have shrunk by 9.5% compared to year-end 2021. The total figure reached its lowest point at the end of June, when total AUM were 16% down.

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