Finnish finance sector welcomes government plan to postpone introduction of new tax on foreign funds

If investment fund returns are weakened by a new tax, Swedish assets invested in Finland may move out of the country, says Finance Finland Managing Director Piia-Noora Kauppi. Nordea shares her concern.

BY REETA PAAKKINEN

Finance Finland, Finnish financial lobbying organization, welcomes the new Government Program, which for now does not introduce a new withholding tax on investment funds’ dividends.

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Finnish finance sector welcomes government plan to postpone introduction of new tax on foreign funds

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Front page now

Nordic Alpha Partners reels in international investment giants for second fund

Norwegians are investing record amounts in funds

World's best EMD team still waiting for clients to return to Danske AM

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Nordic institutional investors still see potential in beleaguered Swedish battery producer

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Further reading

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New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager