232282_not-searchable
/en/bank-og-finansmarked/statistikker/vpfondk/kvartal
232282
Foreigners continue to sell
statistikk
2015-11-26T10:00:00.000Z
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
An overview of the Norwegian mutual funds, with a focus on shares capital, owner sector, transactions and mutual funds’ assets.

Mutual funds, quarterly figures, Q3 2015

Content

Published:

This is an archived release.

Go to latest release

Foreigners continue to sell

The total share capital of Norwegian mutual funds was diminished by NOK 17.4 billion in the third quarter of 2015, and the outstanding amounts totalled NOK 942.5 billion. Foreign investors net sold fund shares for NOK 5.2 billion, while net purchases in total amounted to NOK 5.9 billion.

Outstanding amounts and net purchases of mutual fund shares. Market value (NOK million)Published 26 November 2015
4th quarter 20141st quarter 20152nd quarter 20153rd quarter 2015
All sectors
Outstanding amounts904 754969 826959 908942 529
Net purchases/sales-35 10829 761-5 2185 871
General government
Outstanding amounts12 71212 92012 28011 994
Net purchases/sales-690172-660-87
Financial corporations
Outstanding amounts562 657609 689609 283610 114
Net purchases/sales-15 02226 9191 84011 394
Non-financial corporations
Outstanding amounts61 96465 38364 01962 705
Net purchases/sales-4 3612 831-1 238275
Households
Outstanding amounts127 899138 166139 397132 317
Net purchases/sales-1 1032 8371 482-1 134
Non-profit institutions serving households
Outstanding amounts28 32530 77731 76431 793
Net purchases/sales181 9991 117631
Rest of the world
Outstanding amounts111 066112 713103 02593 443
Net purchases/sales-13 950-5 001-7 762-5 208
Unspecified sector
Outstanding amounts131178140163
Net purchases/sales0430

Source: Statistics Norway

Foreigners net sold fund shares of NOK 5.2 billion in the third quarter of 2015, and this has been the trend since the fourth quarter of 2014. Foreign investors have net sold shares of NOK 31.9 billion over the last four quarters.

In the third quarter of 2015, foreign investors net sold shares of equity funds and other bond funds of NOK 3.6 billion and NOK 2.9 billion respectively.

Decrease in outstanding amounts

The total outstanding amounts of Norwegian funds at the end of the third quarter of 2015 were 1.8 per cent lower than at the end of the second quarter. The downturn was particularly significant for equity funds and other bond funds, and was reduced NOK 26.1 billion and NOK 6.3 billion respectively.

The decrease in the value of the equity funds can be attributed to the decrease in the total values of the shares at the Oslo Stock Exchange. For more information, see the statistics on Securities registered with the Norwegian Central Securities.

Bond funds were net bought

Net purchases totalled NOK 5.9 billion in the third quarter of 2015. Bond funds had the greatest demand and investors net bought shares of bond funds for NOK 12.7 billion. On the other hand, fund shares of equity funds and other bond funds of NOK 5.4 billion and NOK 4.6 billion were net sold respectively. Investors have also net bought shares of money market funds of NOK 2.2 billion.

Life insurance companies and pension funds net bought

Life insurance companies and pension funds had the highest amount of net purchases in the third quarter of the year. In total, they net purchased fund shares of NOK 10.4 billion in this quarter. They have mainly invested in bond funds, where the net purchases amounted to NOK 8.7 billion.

Households net sold

The household sector net sold fund shares of NOK 1.1 billion in the third quarter of 2015, and these were mostly other bond funds.