Stockholm (HedgeFonder.nu) - Investors are buying hedge funds while selling low risk mutual funds according to statistics from Nordic stock analyst company, Nordnet.
"Investors are still waiting for direction when it comes to investing, due to the recent debt crisis." Jan Dinkelspiel, Head of the Swedish arm at Nordnet, said, "Whatever happens next will determine how investors will invest in the future."
Net trade has grown by over 500% since March, showing that investors are venturing into the market again. Investors are choosing to invest in niche funds such as hedge funds, small caps, and emerging market funds.
The top ten funds selling in Sweden at the moment include:
Brummer & Partners Nektar
Robur Eastern Europe Fund
Ohman High Yield Fund
Fidelity Korea Fund
Nordnet Stock Index Sweden
The statistics come from a database of over 215 000 Swedish Nordnet accounts during the month of April 2011.
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