Slight recovery in SEB’s AUM in fourth quarter – but outflow continues

The major Swedish bank, SEB, managed more assets by the end of Q4 than in the previous quarter. But 2022 still saw a significant AUM drop in total as compared to 2021.
Photo: PR/SEB
Photo: PR/SEB

The second-largest Nordic asset manager, SEB, turned a corner in the fourth quarter of 2022. Following significant depletion of its assets under management during the first three quarters, SEB recovered some of its AUM decline towards the end of the year.

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