In November, the total new savings in funds amounted to SEK 20bn (€1.95bn), with large net deposits being made in equity funds.
Innolab Technology announced that its new investment strategy based on 100% artificial investment driven investment process will be launched in a fund on 1 January 2021.
Net inflows into equity funds increased, as investors remained relatively optimistic about the outlook of financial markets, according to latest research from European Fund and Asset Management Association (EFAMA).
The German fund industry is the largest manager of capital for retirement provision in Germany, according to fund association BVI.
FinecoBank announced that it would expand its investment offerings with a series of funds from Robeco.
Sustainable funds continued to gain momentum in the third quarter of 2020, representing a growth of 27% since end of June.
The global ETF/ETP market was only $31.6bn away from the annual inflow record at the end of October 2020 with two months to go, ETFGI reports.
