Newsletter

fundinfo Newsletter No. 43 - Northern Europe special

November 23, 2018

fundinfo expands presence in Northern Europe

fundinfo is looking forward to Northern Europe! Today is finally the day: fundinfo is excited to announce the expansion of its online fund information services www.fundinfo.com and www.etfinfo.com to four Northern European fund markets: Denmark, Finland, Norway, Sweden. As a result, fund documents, data, ratings and videos from the world’s leading fund houses are now available to Northern...

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The Nordic fund markets: a quick overview

The Nordic market for investment funds has experienced a huge growth during the past few couple decades. According to DNB Markets Research, the size of the investment fund market in the region – which includes Sweden, Norway, Denmark and Finland – amounted to over 758 billion Euros at the end of October 2018, compared to only 80 billion Euros in the end of 1997. Almost 5000 funds are now domiciled in these four countries.


Source: Nordic Fund Flows, DNB, Oct. 2018

The market has opened up to the global trends in fund management moving from fixed income to equities, from domestic to foreign exposure and from short-term to long-term holdings.

In Sweden, the largest fund market of the four, the fund market exceeded 406 billion Euros at the end of October 2018. Almost 60% of savings are invested in funds. Two thirds of Swedes between age 18 and 74 hold mutual funds, which is a significant amount compared to other EU countries. In Sweden, there are approximately 100 companies selling funds and half of them are non-Swedish.

In Norway, the fund market is approximately 119 billion Euros. Around 42% of Norwegian domiciled mutual funds were held by institutional investors and companies at the end of last year. Recent changes in pension fund regulation have contributed to the outsourcing of asset management, and there has been a large growth in the number of institutional funds in the market as a result.

The Finnish fund market is similar in size to Norway; about 111 billion Euros at the end of October 2018. Finland is a strongly growing market, with a small but highly educated population. There is a young investment culture, and investors are becoming highly sophisticated.

The Danish fund industry has also grown significantly, growing by over a factor of ten to almost 121 billion Euros since 1997. Denmark is now becoming the land of opportunities in the Nordic region; the Danish market for pension funds is now open for foreign managers and the competition among Danish fund managers is increasing.

fundinfo is proud and excited to now offer comprehensive, up-to-date data and documents about Nordic funds to investors and distributors on its publicly available fund platform, www.fundinfo.com

Sources:
Nordic fund flows, DNB, Oct. 2018

EFAMA Asset Management in Europe, 10th Edition Facts and figures, Sept. 2018, p9
NASDAQ: Available fund companies

Number of Asset Management Companies in Northern Europe

Of the almost 4,200 asset management companies operating in Europe in 2016, more than 200 were operating in Northern Europe; 50 in Denmark, 25 in Finland, 31 in Norway and 100 in Sweden.*  


*Source: EFAMA Asset Management in Europe, 10th Edition Facts and figures, Sept. 2018, p9

Premium Member

   Aberdeen

   Allianz Global Investors

      Amundi

   AXA Investment Managers

 BlackRock

 BNP Paribas Investment Partners

     Candriam

           Capital Group

 Carmignac Gestion

 Columbia Threadneedle

 Credit Suisse AM

 Deutsche Asset Management

     Fidelity

      Franklin Templeton

             

            Invesco

 J.P. Morgan Asset Management

 Morgan Stanley Investment Management

    Neuberger Berman

    

 Pictet

     Schroders

 Sparinvest

 UBS

    

VP Fund Solutions (Liechtenstein)