Nordea's AUM growth continues to lag behind Nordic peers

Whilst Nordea Asset and Wealth Management recorded minor growth in AUM, its net flows turned positive again after negative Q1.
Frank Vang-Jensen, president and group CEO of Nordea. | Photo: Gregers Tycho/ERH
Frank Vang-Jensen, president and group CEO of Nordea. | Photo: Gregers Tycho/ERH

Nordea Asset and Wealth Management saw a very limited increase in its AUM in the second quarter of 2023, with assets reaching EUR 363.1bn, up from EUR 362.4bn at the end of Q1.

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