Appendixes
44
Asset breakdown
Nordea Asset Management is active asset manager with a global business model, offering services to clients in Europe, the Americas and Asia. We manage investments across the full spectrum of asset classes. Our client base is equally split between Nordea Group-related and external clients.
Business split
Assets under Management € 292bn 1
Client base
Asset mix
AuM by benchmark
2%
15%
15%
26%
26%
55%
30%
59%
27%
15%
19%
11%
Nordic European Rest of the world
Equities
Multi Asset Balanced Multi Asset Unconstrained 3
Institutional 2 Wholesale 2
Fixed Income
Multi Asset Equities
Illiquid Alternatives
Nordea Bank’s Nordic sales channels incl. Life
1) Source: Nordea Investment Management AB as of 31.12.2021. 2) External clients (Institutions and 3rd party distributors). 3) Consist of Flexible Income, Stable Return, Stable Equities and Hedge Funds.
ESG Assets NAM’s corporate-level overlays are applicable to all products 33 managed by NAM. This represents EUR 270bn, or 92% of NAM’s total AUM of EUR 292bn 34 . These overlays include ESG Integration and ESG Screening. Product specific ESG approaches may be added on top of the overlays, such
that all assets with product-specific approaches, including the sustainability themed strategies, also incorporate ESG integra- tion and screening as well as other corporate-level overlays. For more information on the corporate overlays and product- specific approaches please see “Responsible Investment Framework”, p 13.
33) NAM provides proxy voting to clients who have authorized NAM to vote on their behalf as part of NAM’s portfolio management services subject to individually negotiated agreements with the clients. 34) Source: Nordea Investment Management AB as of 31.12.2021.
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