NN Group publiceert cijfers Q1, AuM daalt tot €240 miljard

NN Group publiceert op haar website:

“Total Assets under Management (AuM) at Asset Management were EUR 240 billion at the end of the first quarter of 2018, down from EUR 246 billion at the end of the fourth quarter of 2017. The decrease reflects net outflows of EUR 2.4 billion, of which EUR 1.2 billion in the Proprietary and Other Affiliated Business, as well as negative market performance of EUR 0.9 billion. The remainder mainly relates to a transfer of Delta Lloyd cash management activities from NN Investment Partners to the corporate treasury.

Asset Management
NN Investment Partners (NN IP) recently won its first export credit agency (ECA) loan mandate in Germany. In addition, NN IP launched the NN (L) Emerging Markets Debt Short Duration Hard Currency Fund. Building on NN IP’s long and extensive experience in investing in emerging markets debt (EMD), the fund is designed to offer investors stable, long-term income with low credit risk. The legal merger of Delta Lloyd Asset Management (DLAM) and NN IP was completed in January 2018, and the integration of the various teams and operational activities in the Netherlands is ahead of schedule.”

 

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