AMWatch

Max Matthiessen acquires fund manager

The Swedish financial house has increased its AUM significantly through the acquisition of Naventi.

Photo: PR / Max Matthiessen

Swedish life insurance broker Max Matthiessen is acquiring domestic fund manager Naventi, a privately owned company founded in 2002 with SEK 20bn (EUR 1.96bn) in assets under management.

The acquisition means Max Matthiessen is increasing its AUM within the asset management business area to SEK 68bn (EUR 6.7bn) and is continuing to work on its ambition to grow through acquisitions as well as organically.

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