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Morningstar: Nordea one of top three managers for European fund flows

In July, the largest Nordic asset manager pulled in a fair share of net flows for active funds in Europe, according to a brand new analysis from Morningstar.

Morningstar banners from a conference in Chicago in 2010. | Photo: M. Spencer Green/AP/Ritzau Scanpix/AP

Nordea had the third-highest inflow in the active space in Europe in July, according to a fresh asset flow commentary by investment consultancy Morningstar.

With an inflow of nearly EUR 2bn for the month, Nordea is ahead of BlackRock and Manulife but trailing behind Allianz Global Investors and Scottish Widows Schroders as July's top five asset-gatherers on the active fund side.

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