Wednesday, August 10, 2016

Savers return to equity funds – Private Businesses

Total net savings of $ 7.1 billion in funds, and it was especially equity funds attracted net deposits of 7.7 billion. On the sales side synthesis rather than money market funds (money market funds) with net outflows of 3.2 billion.

– After a troubled month of June which was characterized by Brexit turned savers back in July and equity funds corresponding deposits in July about outlets in June, says Fredrik Pettersson, chief analyst at Investment Fund association.

Within the category of equity funds was the biggest inflows to Sweden funds, global funds and North America funds, while European funds had net withdrawals continued. During the month of July was more than a third of net savings in equity funds to index funds.

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