New inflows in funds in Sweden continued to rise during April and amounted to SEK 21.5bn (EUR 2.1bn). The total amount allocated to funds increased by SEK 128bn (EUR 12.65bn) during the month, bringing Sweden's fund fortune to an all-time high of SEK 6,047bn (EUR 597bn).
This is the first time fund savings in Sweden surpass SEK 6,000bn.
More from AMWatch
95 percent of active global high-yield managers struggle to consistently add value net of fees, according to the world's fourth-largest asset manager ahead of launching a global HY index fund. However, a recent survey by consultancy Kirstein showed a vast majority of Nordic investors preferring their HY portfolios actively managed.