Handelsbanken sees drop in AUM and lower inflows in Q3
The Swedish bank is the first of the major Nordic asset managers to report Q3 figures. Assets under management have once again dropped below the SEK 1trn (EUR 86.5bn) mark.
by KIM WIESENER
Handelsbanken continued to increase its share of the Swedish mutual fund market in Q3, but the bank’s total AUM at the end of the third quarter dropped considerably compared to Q2. The same goes for the AUM of its fund business, Handelsbanken Fonder, the bank’s latest interim report shows.
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