OREANDA-NEWS. Only two years ago, Nordea reached the milestone of 200 billion euros, but now new figures show that total assets under management have passed 250 billion euros. This means that assets under management in Nordea have doubled since the financial crisis.

The drivers of the positive development are the combination of a strong inflow from customers, positive market developments and value-added performance.

- This has further cemented our position as the leading wealth manager in the Nordics - with the highest increase in inflow among competitors and the position as by far the largest wealth manager, says Gunn Wжrsted, head of Wealth Management.

- We are dedicated to delivering returns with responsibility to our customers and offering best-in-class plans and solutions for how to save and invest. The milestone proves that these efforts are acknowledged, Gunn Wжrsted says.

Managing 250 billion euros of customer assets is, according to Gunn Wжrsted, something that should make us both proud and humble.

- We need to be aware of our responsibility for securing and growing the savings and investments we are entrusted, she says.

All business units of Wealth Management have contributed to the success: Asset Management, Private Banking and Life & Pensions. And not least close cooperation with Retail Banking and the rest of the Group has made it possible to pass this milestone.