In 2020 Nordea Asset Management (NAM)'s business increased particularly in Southern Europe, says NAM CEO Nils Bolmstrand. The company now envisions expanding especially its range of ESG products, the chief exec adds.
"We've seen strong developments both in the Nordics but also in southern Europe in Italy and Spain with very strong inflows. To give an example, in the fourth quarter net flows of EUR 2bn came from Italy. There we deal with mainly affluent and private banking investors investing through their bank," Bolmstrand says to AMWatch.
Already a subscriber? Log in.
Read the whole article
Get 14 days free access.
No credit card required.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for AMWatch has now started
With your free trial you get:
Full access to all locked articles on AMWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.
More from AMWatch
Sweden's largest fund manager is ditching the more "national" sustainability rating in favor of full focus on SFDR. But the Nordic Ecolabel organization still sees interest in its Swan label and believes it has a part to play, especially as the release of the SFDR technical standards has been postponed again.