SEB's funds plan to sell all Russian holdings

The bank’s intention is to sell all its fund holdings in Russia as soon as market conditions allow. Nine of the funds managed by SEB Investment Management currently have direct exposure to the Russian market.

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

AMWatch Editorial Team

SEB plans to sell all its Russian holdings in "a responsible and controlled manner" in order to protect the interests of its fund unit holders, the company announces on its website.

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SEB's funds plan to sell all Russian holdings

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

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Nordic institutional investors still see potential in beleaguered Swedish battery producer

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