AMWatch

Wide range of AUM declines among Nordic asset managers in Q2

Q2 OVERVIEW: Although the three best-performing Q1 managers have yet to release figures for this period, AMWatch’s preliminary overview suggests that the results are reflective of local market conditions, where two countries had a clear advantage.

Mikko Ayub, CEO at Aktia, Jan Erik Saugestad, CEO at Storebrand Asset Managment, and Håkon Hansen, head of DNB Wealth Management. | Photo: PR/Aktia, Storebrand and DNB

Most of the large Nordic asset managers have reported their Q2 figures, and they show that the differences in Nordic financial market performance have had an apparent effect on the developments in assets under management.

Thus, there seems to be a tendency in the second quarter and over the first half of the year that Norwegian and Finnish managers have seen some of the lowest declines in AUM.

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