Norwegian mutual funds generated EUR 17.6bn in profits last year

All the fund categories had improved results in 2019, but equity funds had the highest yearly result.

Norwegian-registered mutual funds noted profits worth NOK 189bn (EUR 17.6bn) in 2019.

The main reason for the gain is unrealized profits, but the increase in the yearly result from 2018 to 2019 still reached NOK 229bn. New figures from Statistics Norway indicate this.

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