AMWatch

Volatile market affected equity-heavy Robur but long-term strategy remains unchanged

Sweden's largest fund manager had EUR 300m in net outflows from its funds in the third quarter. Head of Business Strategy and Support, Olof Neiglick, tells AMWatch a stronger focus on distribution and developing new products according to customer demand will boost sales going forward.

Olof Neiglick, Head of Business Strategy & Support, Swedbank Robur | Photo: PR / Swedbank Robur

When Swedbank Robur published its third quarter figures this week, it reported net outflows of SEK 3bn (EUR 300m) from its funds.

At the same time it reported an increase in assets under management, both in its funds and its discretionary mandates, which was due to positive returns. With the increased AUM in mind, the fund manager's Head of Business Strategy and Support, Olof Neiglick, tells AMWatch in an interview that the company has had a strong year so far, despite the fund outflows.

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