SEB aims for speedy product launches to make up for huge AUM drop in 2022
The loss of a SEK 50bn mandate affected SEB’s AUM performance last year. Looking ahead, CFO Masih Yazdi believes that alternatives and fixed income will be important investment areas.
by KIM WIESENER
The assets under management of major Swedish bank SEB took a serious hit in 2022. Even in Q4, when markets stabilized and provided a modest AUM recovery, the bank reported net outflows for the fourth quarter in a row.
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