Managed assets drop for third consecutive quarter – ”the perfect storm” or just ”volatility”?

AMWatch has talked to the first five Nordic asset managers that have reported Q3 figures about how they are dealing with their assets declining for the third quarter in a row.
From top left Magdalena Wahlqvist Alveskog, Lars Bo Bertram, Maunu Lehtimäki, Snorre Storset and Håkon Hansen (big picture). | Photo: PR/Handelsbanken, Bankinvest, Evli, Nordea and DNB.
From top left Magdalena Wahlqvist Alveskog, Lars Bo Bertram, Maunu Lehtimäki, Snorre Storset and Håkon Hansen (big picture). | Photo: PR/Handelsbanken, Bankinvest, Evli, Nordea and DNB.
BY ANNE LOUISE HOUMANN, MIRZA GAZIC, SØREN RATHLOU TOP AND REETA ILONA PAAKKINEN

Last week, the Q3 reporting season began, and five of the largest Nordic asset managers published their figures. As in the two preceding quarters of the year, assets under management declined.

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