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Although investors net sold, share capital went up
statistikk
2016-02-25T10:00:00.000Z
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
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An overview of the Norwegian mutual funds, with a focus on shares capital, owner sector, transactions and mutual funds’ assets.

Mutual funds, quarterly figures, Q4 2015

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Although investors net sold, share capital went up

The total share capital of Norwegian mutual funds went up by NOK 15.6 billion in the fourth quarter of 2015, and the outstanding amounts ended up at NOK 958.1 billion. This was despite the investors net sold shares for NOK 26.9 billion in total.

Outstanding amounts and net purchases of mutual fund shares. Market value (NOK million)Published 25 February 2016
1st quarter 20152nd quarter 20153rd quarter 20154th quarter 2015
All sectors
Outstanding amounts969 826959 908942 528958 123
Net purchases/sales29 761-5 2185 871-26 930
General government
Outstanding amounts12 92012 28011 99412 576
Net purchases/sales172-660-87321
Financial corporations
Outstanding amounts609 689609 283610 114607 132
Net purchases/sales26 9191 84011 394-17 524
Non-financial corporations
Outstanding amounts65 38364 01962 70559 898
Net purchases/sales2 831-1 238275-4 831
Households
Outstanding amounts138 166139 397132 317139 758
Net purchases/sales2 8371 482-1 1342 721
Non-profit institutions serving households
Outstanding amounts30 77731 76431 79331 609
Net purchases/sales1 9991 117631-1 043
Rest of the world
Outstanding amounts112 713103 02593 444106 855
Net purchases/sales-5 001-7 762-5 208-6 587
Unspecified sector
Outstanding amounts178140161295
Net purchases/sales43013

Source: Statistics Norway

The total outstanding amounts of Norwegian funds at the end of fourth quarter of 2015 were 1.7 per cent higher compared to the closing of the third quarter. The share capital of the equity funds went particularly up by NOK 36.5 billion or 8.3 per cent. One of the factors behind this can be related to the increase in the total values of the shares at the Oslo Stock Exchange. Share capital of the other types of funds was lower.

Bond funds, money market funds and hybrid funds are net sold

Net sales totalled NOK 26.9 billion in the last quarter of 2015. NOK 7.8 billion of the sales were made in bond funds, NOK 7.2 billion were made in money market funds and NOK 7.0 billion were in hybrid funds.

Life insurance companies and pension funds and foreigners net sold

Highest amount of net sales belonged to life insurance companies and pension funds with NOK 17.3 billion. Life insurance companies and pension funds still own the majority of the total share capital of Norwegian mutual funds and their share is 42.3 per cent.

Foreign investors net sold as well and their net sales amounted to 6.6 billion during the fourth quarter of 2015.

Household sector net bought

The household sector net bought fund shares of NOK 2.7 billion in the last quarter of 2015, and these were mostly other bond funds and equity fund , NOK 1.6 billion and NOK 1.2 billion respectively. Households owned 14.6 per cent of the total shares of Norwegian mutual funds as of the end of 2015.