AMWatch

Nordic client head had to make a u-turn when Covid-19 restrictions hit

AM Series: Co-head of client group Nordics at AXA Investment Managers had to turn around at the airport when travel restrictions were imposed on the French asset manager's employees. The behavior of some of his clients surprised him and the seven people working at the Stockholm office.

Henrik af Donner, co-head of client group Nordics at AXA Investment Managers | Photo: PR / AXA IM

Nordic institutions maintained their long-term strategic asset allocation plans in the first half of 2020 despite the uncertain environment caused by Covid-19, says Henrik af Donner, Co-Head of Client Group Nordics at AXA Investment Managers (AXA IM).

"We saw our institutional clients continue to allocate more capital to the illiquid assets classes," he explains.

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