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.

Speed is of the essence when launching new investment products, CFO Masih Yazdi says. | Photo: PR / SEB

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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SEB aims for speedy product launches to make up for huge AUM drop in 2022

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

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager