The upcoming US presidential election was reflected in the stock market in October -- fund capital worth 178 billion euros
A total of almost EUR 1.6 billion of new capital was invested in investment funds registered in Finland in October. Subscriptions to equity funds include approximately EUR 1 billion of changes made across the border. Fund capital was also affected by negative market developments in October. The total value of fund capital was EUR 178 billion at the end of the month.
New capital was invested in equity funds totalling EUR 1,061 million and combined funds totalling EUR 109 million. EUR 363 million was invested in long-term interest funds and EUR 126 million in short-term interest funds. Capital redeemed from alternative funds totalled EUR 71 million.
