151087_not-searchable
/en/bank-og-finansmarked/statistikker/vpfondk/kvartal
151087
Further rise in total capital of funds
statistikk
2014-03-06T10:00:00.000Z
Banking and financial markets
en
vpfondk, Mutual funds, quarterly figures, fund types (for example mutual fund, bond fund, money market fund), mutual fund shares capital, stocks, net subscriptionsSecurities markets , Banking and financial markets
false

Mutual funds, quarterly figures, Q4 2013

Content

Published:

This is an archived release.

Go to latest release

Further rise in total capital of funds

The total value of Norwegian mutual fund shares went up by NOK 27.6 billion to a total of NOK 723.2 billion during the last quarter of 2013. Net sales were NOK 3.4 billion. The increase in the total capital of fund shares is due to the increase in the value of the funds’ investments.

Mutual funds shares capital and net purchases. Market value (NOK million)Published 6 March 2014
1st quarter 20132nd quarter 20133rd quarter 20134th quarter 2013
All sectors
Mutual funds shares capital658 575666 860695 606723 227
Net purchases/sales29 0851 213-65-3 403
General government
Mutual funds shares capital12 62812 58512 69113 563
Net purchases/sales-144-182-180506
Financial corporations
Mutual funds shares capital364 211379 201395 114405 532
Net purchases/sales13 1979 776-1 777-9 686
Non-financial corporations
Mutual funds shares capital57 69151 34955 25559 790
Net purchases/sales8 746-5 6542 4603 553
Households
Mutual funds shares capital109 171108 478113 482116 077
Net purchases/sales1 571-885-665-115
Non-profit institutions serving households
Mutual funds shares capital20 28020 92622 29223 187
Net purchases/sales1 713409683214
Rest of the world
Mutual funds shares capital94 46294 18496 612104 867
Net purchases/sales4 013-2 238-5812 694
Unspecified sector
Mutual funds shares capital132137160211
Net purchases/sales-11-13-5-569

Source: Statistics Norway

The total capital of Norwegian mutual funds went up by 4 per cent during the last quarter of 2013. The value of the equity funds increased most, by NOK 38.2 billion to NOK 402.7 billion. Capital of bond funds on the other hand went down by NOK 16.9 billion. The value of money market funds increased by NOK 2.2 billion.

Net sales during the 4th quarter

The net sale of the mutual funds totalled NOK 3.4 billion in the 4th quarter of 2013, compared to almost no sales in the third quarter. Life insurance companies were the main players that net sold fund shares, which were worth almost NOK 8 billion. Non-financial corporations and foreigners on the other hand net bought mutual funds worth NOK 4.5 and NOK 2.7 billion respectively.

Investors net sold mostly bond funds, worth NOK 16.9 billion during the last quarter of 2013, while NOK 10.3 billion worth of equity funds were net purchased. The net purchases of other bond funds were NOK 1.3 billion and hybrid funds were NOK 2.2 billion.

Life insurance companies net sold bond funds

The largest owners in the Norwegian mutual funds market; life insurance companies, sold a net amount of NOK 18.6 billion worth of bond funds during the fourth quarter of 2013. However, at the same time, they have net bought NOK 8.7 billion worth of equity funds.

Almost nil net sales by Households

The household sector net sold mutual fund shares for about NOK 0.1 billion. The total value of their fund shares however went up by NOK 2.6 billion during the last quarter of 2013.

Foreign investors net bought in the fourth quarter

Foreign investors net bought a total of NOK 2.7 billion worth of mutual funds during the last quarter of the year. They had net sold NOK 0.6 billion during the previous quarter.