In March, the growth of fund capital was attributed to favorable market developments, with several global stock indices rising. The Nordic countries, except for Finland, also saw increases in their stock indices. A recent report by Suomen Sijoitustutkimus for Finanssiala ry revealed that a total of 1.03 billion euros were invested in investment funds registered in Finland during the month. By the end of March, the total value of fund capital had reached 159 billion euros.
Investments in various types of funds were made in March, with 624 million euros going to equity funds, 59 million euros to mixed funds, 93 million euros to long-interest funds, and 205 million euros to short-interest funds. Additionally, 52 million euros were invested in alternative funds during the month.
March proved to be profitable for fixed income investors due to high interest rates and falling short-term Euribor rates, which had a positive impact on the valuations of short-interest funds investing in the euro area. The benefits of diversifying investments were evident in the 12-month returns of fund classes, with long-term interest funds showing negative returns across all categories. However, share fund categories, except those investing in Finland, saw positive 12-month returns. Maria Somerla, a leading expert in the financial industry bulletin commented on these trends.
According to Maria Somerla’s analysis of these trends
