AMWatch

SEB Group's AUM rose by 2.5 percent driven by rising equity markets in Q4

Assets under management at the second largest asset manager in the Nordics grew in the fourth quarter driven by equity markets, while total operating profit at SEB Investment Management fell in Q4. 

Photo: PR/SEB

The SEB Group's assets under management rose by 2.5 percent, or SEK 51bn (EUR 5bn), to SEK 2,106 (EUR 208.5bn) in Q4.

"Driven by the equity market appreciation during the fourth quarter, the market value increased by SEK 51bn. Inflows and outflows of assets under management during the quarter netted to zero," the SEB Group writes in its Q4 report released on Wednesday.

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