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Financial market tailwind sends SEB's Q4 AUM growth into double digits

The second-largest asset manager in the Nordics saw its assets under management jump by more than 10 percent in the fourth quarter of 2021.

Flag with SEB's logo. | Photo: PR/SEB

Stockholm-based SEB is the first of the big Nordic banks that has published its full-year result for 2021, a year characterized by strong flows in the retail space and strong returns on financial markets.

This is also shown in SEB's report, which states that assets under management reached an all-time high of SEK 2,682bn (EUR 255.6bn) at the end of 2021, up from SEK 2,106 (EUR 200.7bn) at the beginning of the year.

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