AMWatch

Aktia readies to become one of Finland's largest fund managers after acquisition

Aktia's upcoming acquisition of Taaleri Wealth Management will turn Aktia into Finland's third-largest asset manager. In an interview with AMWatch, CEO Mikko Ayub elaborates on how the "very satisfying" acquisition enhances the Helsinki-listed firm's product offering -- and which strategies will be marketed to overseas investors.

Mikko Ayub, CEO, Aktia. | Photo: Aktia

Finnish bank and asset manager Aktia recently announced that it had acquired domestic competitor Taaleri's wealth management unit.

With AUM reaching approximately EUR 15bn, the transaction places Aktia on the road to become the country's third-largest investment manager after the asset management units of major banks Nordea and OP with their EUR 254bn and EUR 89bn in AUM, respectively

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