Small savers sell US funds
Photo: Richard Drew/AP/TT

Small savers sell US funds

Swedish fund savers are choosing to avoid American equity funds and are investing more in Swedish funds, according to monthly statistics from online brokers Nordnet and Avanza.

"The speculation surrounding a possible AI bubble has clearly affected fund savers who are acting cautiously and seeking security, and choosing to sell both technology funds and technology-heavy US funds," says Felicia Schön, savings economist at Avanza, in a press release.

For both Nordnet and Avanza, Sverigefonder tops the list of most purchased funds by small savers in November. Both online brokers are also seeing increased interest in emerging market funds.

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AuthorTT News AgencyEnglish edition by Sweden Herald, adapted for our readers
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