Mandatum aims to grow in alternatives with a new AM spinoff - targets growth in Europe

Finnish life insurer Mandatum recently announced plans to launch a separate asset management spinoff targeting professional investors across Europe. Mandatum Group CEO Petri Niemisvirta comments on the upcoming company’s plans to AMWatch.

Petri Niemisvirta, CEO, Mandatum Group. | Photo: Mandatum PR.

Finland's life insurer Mandatum is launching this year a asset management company, which plans to grow particularly through new alternative investment vehicles, Mandatum Group CEO Petri Niemisvirta says in an interview with AMWatch.

"In Central Europe and especially in the Nordic region, our aim is to target institutional clients and professional investors through external distributors or our own sales team," Niemisvirta says.

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