Nordea Asset Management (NAM) is the only European asset manager to consistently feature, for the past four consecutive years, in the annual list of top ten cross-border asset managers in terms of European net flows1.
Over the past year, around sixty per cent of net inflows, or EUR 7.2 bn, originated from third party institutional and wholesale clients. At the end of 2015, about half of NAM’s assets were managed on behalf of non-captive clients, marking growing market interest for NAM’s investment solutions. Non captive net inflows were registered in all countries of distribution, in particular those in continental Europe.
While diversified across clients, geographies and asset classes, institutional and wholesale net flows were particularly strong into Multi Assets solutions. Managed by Nordea’s internal Multi Assets boutique, these solutions attracted significant interest from clients in a challenging year of exceptionally low interest rates, geopolitical tensions and market turmoil.
“These continuous high net flows are a testimony of our commitment to bring investment solutions helping our clients to address today’s market challenges” commented Christophe Girondel, Global Head of Institutional and Wholesale Distribution. “Core ingredients of our investment value proposition, such as a multi-boutique approach combining both internal and external expert competences, our strong focus on risk control or the development of multi assets-based outcome solutions, position us well to deliver best-of-breed investment products addressing these challenges. The excellent resistance of our outcome based investment products to recent market volatility can be seen as a proof of this”.
1Data Source – © 2016 Morningstar, Inc. All Rights Reserved. Net flows (expressed in EUR) for funds, fund of funds and ETFs; Net flows for 2012, 2013 and 2014 provided by Morningstar on 15.04.2015 and 2015 net flows extracted from Morningstar on 26.01.2016. Since this information is based on estimated flows, the data is subject to change in the future.
About Nordea Asset Management
Nordea Asset Management (AuM 189 bn EUR*), is part of the Nordea Group, the largest financial services group in Northern Europe (AuM 288 bn EUR*). The business area offers Global investors exposure to a broad range of investment funds via its active distributors, which include banks, asset managers, independent financial advisors and insurance companies.
Nordea Asset Management has a presence in Cologne, Copenhagen, Frankfurt, Helsinki, London, Luxembourg, Madrid, Milan, New York, Oslo, Paris, Sao Paulo, Singapore, Stockholm, Vienna and Zurich. Nordea’s local presence goes hand in hand with the objective of being accessible and offering the best service to clients.
Its main product is the Nordea 1, SICAV, which encompasses a diverse spectrum of high quality products. Nordea 1, SICAV has constantly grown in terms of volume and has steadily gained in reputation. This growth is the result of the success of its active management of products belonging to the following asset classes: value stocks, growth stocks, theme-oriented funds and dedicated sector funds, as well as multi-asset strategies, long/short strategies, bond and money market funds.
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