Aktia outperforms on emerging markets, defying investors who jumped ship

Some of Aktia’s international investors started to rebalance away from emerging market products as a consequence of Russia’s newest attack on Ukraine, says CEO Mikko Ayub. The Finnish manager has several new products under development.

Mikko Ayub, CEO of Aktia.

Customer assets under management at Finland’s Aktia Asset Management dropped by around EUR1bn over the first quarter of the year and totaled EUR 14.4bn, almost entirely due to market developments, says CEO Mikko Ayub.

Commenting on the Q1 result to AMWatch, Ayub notes that the decline from EUR 15.45bn at the end of 2021 consists of an approximately EUR 840m drop in market values and a total net outflow of about EUR 210m.

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