S-Bank has good start to 2024 but is still struggling with real estate redemptions

Positive inflows and sound AUM growth have characterized 2024 so far for Finland’s S-Bank. But like several peers, it is struggling to pay redemptions to real estate fund investors.

Riikka Laine-Tolonen, CEO of S-Bank. | Photo: PR S-Bank: Martti Lindholm.

by REETA ILONA PAAKKINEN

Finland’s S-Bank grew its assets under management by approximately 2.7% during the first quarter of this year.

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S-Bank has good start to 2024 but is still struggling with real estate redemptions

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Handelsbanken Fonder remains focused on European expansion – regardless of Q1 setback

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Further reading

Nordic institutional investors still see potential in beleaguered Swedish battery producer

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US manager sees Nordic clients return to EM equities due to "excessive concentration"

Storeband increases stake in Danish infrastructure manager to become majority owner

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Eight Nordic managers move up in global top 500 ranking