First a news item from Friday last week that we missed… that Nordea Asset Management has secured a mandate from the Government Pension Investment Fund of Japan (GPIF). They have selected its BetaPlus Enhanced Global ex-Japan Equity Strategy for a portion of its global equity allocation. “We are honoured to support GPIF through our enhanced global equity capabilities. This collaboration underscores our shared commitment to disciplined investing and responsible stewardship,” says Nils Bolmstrand, CEO of Nordea Asset Management, in a statement.
Earlier this week, PwC released its 2025 Global Asset & Wealth Management Report, stating that private market revenues will account for more than half of the global asset management industry’s total revenues by 2030. According to the report, global assets under management is projected to grow from USD 139 trillion in 2024 to USD 200 trillion by 2030. The report also states that asset managers will continue to face profitability pressures and narrowing margins “amid relentless competition, fee pressure, a premium on talent and cost-heavy investments for increasingly sophisticated and diverse client segments”. Swedish buffer fund AP3 has recruited fourThe full article is only available to members
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