The largest player in the Swedish fund market – Swedbank Robur – saw a positive development in assets under management (AUM) in the fourth quarter of 2019. AUM grew from EUR 97 billion (SEK 1027 billion) by the end of the third quarter to EUR 102 billion (SEK 1083 billion) by the end of the fourth quarter, according to Swedbank's year-end report.
The 5.4 percent increase in AUM relates to the Swedish and Baltic markets and is due to a positive net inflow as well as higher valuations, the bank reports.
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