AMWatch

SEB to merge funds after negative AUM trend

SEB Investment Management plans to let one of its funds absorb two other funds.

Photo: PR/SEB

SEB Investment Management plans to let the SEB Eastern Europe Small & Mid Cap Fund absorb assets and liabilities from the two sub funds investing in Russia and Eastern Europe excluding Russia as of 2 July 2021.

"Investment interest in SEB Eastern Europe Ex Russia Fund has decreased in recent years, resulting in a negative trend in assets under management," SEB writes.

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