Hedge Fund News From HedgeCo.Net

Fund inflows gather pace in Sweden

CityWire – During the first three quarters of 2009 the total net inflow into investment funds amounted to SEK 70 billion (€6.8 billion) (over $10 billion). September became the tenth month in a row for net fund inflows.

Equity funds have received the bulk of the inflows in September, with net inflows of SEK 9.4 billion (€911 million) and bond funds had a net inflow of SEK 2.8 billion (€271.4 million). Also balanced funds and hedge funds had net inflows of SEK 1.9 (€184 million) and SEK 900 million (€87 million) respectively. Money market funds on the other hand recorded an outflow of SEK 3.9 billion (€377.4 million) last month.

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