Evli Fund Management Company gaining growth from i

Evli Fund Management Company ended the year 2016 with assets under management (AUM) of EUR 6.4 billion, up EUR 1.0 billion compared to the previous year. The inflow was the second largest of all Finnish fund managers in Finland. The growth also placed Evli as the only Nordic manager on the Europe wide list of "Bestselling Fund Boutiques" in the 2016 Fund Flow Executive Report published by Accelerando Associates.

A large part of the fund inflow is still coming from Finnish institutional investors. Evli has been ranked as the best institutional asset manager in Finland* for two consecutive years, which explains many domestic institutions using Evli as their preferred partner.

In addition to growing domestic sales, part of Evli's strategy is to grow internationally. An increasing part of the inflows is coming from entering new markets. International sales increased substantially during 2016, AUM from international clients was up 23 percent at the end of 2016. The year also brought a lot of new contacts for Evli's mutual funds outside of our core Nordic markets.

 "2016 was an excellent year and we are very happy to see that the trend is continuing this year. Net sales for Evli Funds in January were EUR 115 million, 75 percent of the total Finnish mutual fund net sales of EUR 152 million. In addition, the sales in Europe are really starting to gain good foothold" says Janne Lassila , Managing Director of Evli Fund Management Company.

Additional information: Janne Lassila, Managing Director, Evli Fund Management Company Ltd, tel. +358 (0)9 47669 142 Petter von Bonsdorff, Head of International Business Development, Evli Bank Plc, tel. +358 (0)9 47669 111    * SFR Investment Services Programme, Finland 2016; Competitive Positioning Report"; Investment Services Combined (Asset Management & Mutual Funds) and TNS Sifo Prospera External Asset Management Institutions 2016, Finland survey

Evli Bank Plc in brief Evli is a genuine private bank specializing in investment that helps private persons and institutions increase their wealth. The company offers asset management services, capital markets related services, such as brokerage of equities and other instruments, market making, investment research and a full range of Corporate Finance services.

Distribution: main media, www.evli.com