AMWatch

Robur records EUR 300m net outflows in Q3

Sweden's largest fund manager had lower distribution inflows from its banking channel and experienced rising Premium Pension System outflows in the third quarter.

Photo: PR/Swedbank

Swedbank Robur is still Sweden's largest fund manager with a market share of just over 20 percent. Handelsbanken Fonder, which is the second-largest, recorded a 12 percent market share in its latest quarterly report.

However, Robur is experiencing a lag in inflows to its fund business. Its latest quarterly report shows that the fund manager had net outflows from its Swedish fund business amounting to SEK 3bn (EUR 0.3bn) during the third quarter, when investors mostly divested equity funds.

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