Head of SEB IM calls Q1 decent despite AUM nosedive and outflow

SEB Investment Management’s institutional clients discarded fixed income products during the first quater – though interest in illiquid alternatives remained intact, according to head of the unit.
Javiera Ragnartz, Head of SEB Investment Management. | Photo: PR / SEB IM
Javiera Ragnartz, Head of SEB Investment Management. | Photo: PR / SEB IM

Stockholm-based SEB’s assets under management fell by 9.3 percent to SEK 2.432bn (EUR 234.2m) in the first quarter.

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