OREANDA-NEWS. At the end of June 2016, about half (224 funds) of the investment funds registered in Finland held UK assets. The total value of the assets was EUR 4.7 bn, which, however, represents a fairly small (4.6%) portion of the total assets held by these investment funds. Britain is the fifth most popular target country for investments by investment funds registered in Finland, and especially equity and bond funds have invested in Britain.

The values of equity fund investments in particular fell in June (EUR -0.7 bn), and at the same time assets of these funds were also redeemed (to a net value of EUR -0.7 bn).

This was significant for the overall developments (EUR -0.8 bn) in the aggregated assets of the investment funds, although the positive development of bond funds mitigated the contraction of assets.