Nordea sees continued outflow from its international channels in Q1

Despite another big net outflow in Q1, Nordea’s Nordic channels saw net inflows. According to President and Group CEO Frank Vang-Jensen, asset management welcomed new clients.

Nordea's President and Group CEO Frank Vang-Jensen. | Photo: Nordea PR.

by REETA ILONA PAAKKINEN

Whilst Nordea Asset and Wealth Management grew its assets by EUR 12.7bn in the first quarter, the company continued to see notable total outflows.

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Nordea sees continued outflow from its international channels in Q1

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Nordea terminates Chinese bond fund as assets plunge

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