Fund Management

SEB expects to lose more institutional clients as they insource their asset management

The loss of several institutional clients is not a source of major concern for SEB’s CFO Masih Yazdi, as the outflows were related to “very low margin products”, he tells AMWatch in an interview. 
Chief Financial Officer Masih Yazdi is not overly concerned with the loss of a few big institutional clients. | Photo: Pr / Seb
Chief Financial Officer Masih Yazdi is not overly concerned with the loss of a few big institutional clients. | Photo: Pr / Seb
by KIM WIESENER

Taking asset management in-house has become a trend for some of SEB’s large institutional clients. This means that Sweden’s largest asset manager has once again seen net outflows in the first quarter of 2023. 

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