Mandatum inflows weighted out more than half of market losses
The market value of MAM’s investments fell in the first quarter of 2022, but net inflows were so strongly positive they made up for more than half of the losses. A large part of Mandatum’s fixed income allocation also yielded a positive return, CEO Lauri Vaittinen says to AMWatch.
Strong new inflows totaling EUR 230m balanced the decline in market values at Finland’s Mandatum Asset Management (MAM) during the first quarter of this year, the company reports.
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