Taaleri targets growth through private market funds after sale of WM unit

After selling its Wealth Management operations to banking group Aktia, Finnish investment manager Taaleri's growth will be driven by private equity funds focusing on renewable energy and other alternative investments, says CEO Robin Lindahl.

Robin Lindahl, CEO of Taaleri Group. | Photo: Taaleri PR.

Over the first quarter of 2021, assets under management at Taaleri's wealth management unit, which was sold to Aktia in April, grew from EUR 7.12bn to EUR 7.48bn.

At the same time, investments at Taaleri's Private Asset Management segment, which remains part of the company post-deal, dropped from EUR 23.6bn to EUR 22.4bn.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

From utopian to center stage at PFA: "It's a challenge worth a proper fight. And trust me, it is not a walk in the park"

Is it possible to make a 180-year-old Swiss private bank significantly more sustainable in less than two years? Sasja Beslik believes so, having left J. Safra Sarasin to take the over the reins at Denmark's largest commercial pension fund, PFA. Even though only 1.5 percent of PFA's clients have opted for its climate product after more than a year on the market, it shouldn't become the mandatory savings product, he argues.

Further reading

Related articles

Trial banner

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch