AMWatch

Nordea Asset Management reports increased net inflows in Q3 with sustainability as the primary driver

Nordea saw an increase in net inflows in the third quarter, bringing AUM at growth rates at the largest asset manager in the Nordics closer to its fastest-growing peers.

Ints Kalnins/Reuters/Ritzau Scanpix

Assets under management at Nordea grew by 2.3 percent or EUR 8.7bn to EUR 392.9bn during the third quarter of 2021.

In terms of AUM growth, the largest asset manager in the Nordics beats peers like SEB, Handelsbanken, BankInvest and Swedbank, which have also revealed Q3 numbers. Only Finnish Evli performed better in Q3, with an AUM growth of 4.1 percent.

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