Net sales of Ucits and AIFs totalled €30bn, down from €124bn in July
A report by the Investment Company Institute Global stresses that asset-weighted average ongoing charges for equity and fixed income Ucits funds fell three and one basis points over 2019 respectively.
Retail investors bought equity and combination funds for NOK 1.2bn (€110m) while institutional investors poured NOK 1.3bn (€120m) in this asset class.
Despite uncertainty and large price fluctuations, investors poured in DKK 70bn (€9.41bn) of new money into Danish investment funds in the first nine months of the year.
ETFs and ETPs listed globally gathered net inflows of $59.74bn in September, bringing the year-to-date net inflows to a record level of $488.18bn.
The thematic ETF will capture companies that are positioned to benefit from the explosive growth of digital infrastructure and connectivity.
The bank is preparing to deploy light private banking structures in France, Italy, Spain and Germany.
