Huge performance differences among Nordic asset managers in Q3
The Q3 reporting season has ended, revealing that Nordic asset managers performed very differently in terms of AUM decline, net sales and returns during the period. AMWatch takes a close look at the figures and our Q3 interviews with the key players.
BY ANNE LOUISE HOUMANN, REETA ILONA PAAKKINEN, MIRZA GAZIC AND SØREN RATHLOU TOP
Negative financial markets continued during the third quarter of 2022. Nevertheless, most of the largest Nordic asset managers still reported positive net sales, AMWatch’s quarterly review shows.
A report examining investments in illegal Israeli settlements on the Palestinian West Bank reveals that Norway’s oil fund is the largest investor in 50 companies located there, and that AB Industrivarden and Nordea are also among the 10 largest.
Once again, AMWatch is handing over the mic to international asset managers with a Nordic presence during the festive season. This time our December/New Year series is being kicked off by Ulrik Holm Oxfeldt, head of Nordics at US-based firm Columbia Threadneedle.
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