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Nordea records sound AUM growth but is lagging behind Nordic peers

Nordea’s AUM grew less in the fourth quarter compared to the Nordic asset management peers that have published their fourth quarter and full-year results so far. 
Frank Vang-Jensen, President and Group CEO of Nordea. | Photo: Nordea PR.
Frank Vang-Jensen, President and Group CEO of Nordea. | Photo: Nordea PR.
by REETA ILONA PAAKKINEN

Nordea Asset and Wealth Management saw growth of EUR 18.8bn – or 5.23% – in its AUM in the fourth quarter of 2023.

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