Nordea's AM unit passes important milestone

Positive financial markets and net capital inflows boost the large bank's total AuM – yet earnings still lag.
Photo: Bax Lindhardt/Ritzau Scanpix
Photo: Bax Lindhardt/Ritzau Scanpix
BY SIMON RICHARD NIELSEN, FINANSWATCH

Financial markets are one area that can benefit from positive factors coming from all directions – also in the first quarter of of 2019, when global equities soared 12 percent measured by MSCI World, while interest rates declined and thereby boosted the value of bonds.

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