Lauri Hälikkä, Fixed Income strategist at SEB, expects further monetary expansion in Sweden following Mario Draghi’s speech yesterday. Draghi noted yesterday that household demand has been strong (note retail sales 2.2% y/y in April), and loss in momentum is mostly due economies outside EU. With governing council being slightly cautious on economic outlook, the QE […]
Cordea Savills, the property manager, is buying SEB Asset Management AG, the German asset manager owned by Swedish banking group SEB, in a deal valued at up to €21.5m in cash. Cordea Savills will rebrand following the acquisition as Savills Investment Mangement. Barbara Knoflach, current CEO of SEB AM will leave the company as part […]
The German asset management association BVI has appointed its new board for the coming three years during its general meeting. The composition of the board remains largely unchanged, with Holger Naumann being reelected as president of the BVI. Naumann is also a member of the board for Deutsche Asset & Wealth Management. Evi Vogl (pictured) […]
The liquidation of German open-ended property funds, which enraged investors stuck in frozen portfolios, is creating a €20bn opportunity for commercial real estate investors as the portfolios put their holdings up for sale, says managers DTZ.
SEB Asset Management has launched a vehicle investing in Asia-Pacific real estate investment trusts (Reits), to give investors liquid access to an inherently illiquid asset, and income, in some of the world’s fastest growing economies.
A brighter European macroeconomic backdrop is seen by some fund selectors, although the benefits of managers with silver hair and a safety-first approach are still in demand.
Jens Kummer, head of SEB Asset Management’s multi-asset team tells when, and why, to use humans and computers to run funds of funds.
Jens Kummer is very well positioned to compare mechanistic and discretionary investing.
Fixed income has become a minefield for investors since 2010, as eurozone sovereign debt and related bank bonds rose and fell sharply during the bloc’s financial crisis.