Evli

Consolidation in the Finnish asset management sector has continued in recent years, and we expect this trend to persist.

Finnish fund assets rebounded strongly in April, and the jitters caused by the war in Iran were short-lived.

The effects of rising interest rates vary significantly from company to company. The biggest winners are fixed-income asset managers.

We estimate an average earnings growth of almost 20% for asset managers in 2026, driven by record-high AUM levels.

Net subscriptions to Finnish investment funds in February amounted to almost two billion euros.