Fund Management

SEB sees inflows for the first time in more than a year

The tide appears to have turned for SEB as the second-largest Nordic asset manager experienced net inflows in Q3 following five quarters of outflows. Its AUM dropped due to negative market trends.
Following five quarters of net outflows, the tide turned for SEB in the third quarter. | Photo: PR/SEB
Following five quarters of net outflows, the tide turned for SEB in the third quarter. | Photo: PR/SEB
by KIM WIESENER

After more than a year of continuous outflows, SEB saw positive net flows in the third quarter. The second-largest asset manager in the Nordics appears to have recovered from a long period of institutional outflows from low-margin products.

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