Net inflows have exceeded expectations at BankInvest in Q1. The EUR 20bn manager has been criticized for some of the investments in its sustainable flagship product, but CEO Lars Bo Bertram is proud that the EUR 12bn fund has managed to beat its benchmark despite massive gains for oil and gas.
The asset manager has poached profiles from BlackRock and Nykredit to accelerate growth across several business segments. Head of Nordics and Benelux Christoffer Hedberg believes his new team is set up for something big.
The Swedish sustainability profile spills the beans on why he is leaving Danish pension company PFA after six months. He tells AMWatch why the opportunity from Japan was too good to turn down and why he’s sick of industry greenwashing.
The market value of MAM’s investments fell in the first quarter of 2022, but net inflows were so strongly positive they made up for more than half of the losses. A large part of Mandatum’s fixed income allocation also yielded a positive returns, CEO Lauri Vaittinen says to AMWatch.
Petter Johnsen, who is the highest paid executive at the Norwegian sovereign wealth fund, the oil fund, will now work to strengthen the active management of equities at Norges Bank in a newly created role.
Europe’s desire to break away from Russian gas, oil and coal will increase the demand for renewable energy, which will support our private asset management business in the long term, says CEO of Finland’s Taaleri Peter Ramsay.
Despite a turbulent quarter, assets under management at Sparinvest increased by 2.7%, partially fueled by a strong performance from value strategies, which also booked a net inflow. However, head of Nykredit Wealth Management Peter Kjærgaard is getting worried about Q2 investor sentiment.
Finns have flocked to back NATO membership after Russia’s invasion of Ukraine, bucking years of skepticism. The ETLA Research Institute says membership may make the country more attractive to investors.
Head of transactions for the Nordic region is waiting in suspense to see how the market will react to the costs of financing almost tripling within three months, but says he has no intention of reducing investments in Nordic real estate.
Norway’s largest asset manager is content with a muted AUM drop in Q1, helped by strong inflows in its Swedish operations as well as growing appetite for its value strategies and real assets, CEO Jan Erik Saugestad tells AMWatch.
During the turbulent first quarter of 2022, positive net sales from both the institutional and retail segments as well as satisfactory returns helped Denmark’s third-largest asset manager to fare better than the majority of its Nordic peers.