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Comprehensive wealth management and advisory
We offer high-quality award-winning wealth management services and investment products to institutions and private customers in Finland and internationally. The cornerstones of our activities are customer-orientation, strong competence, sustainability, and initiative.
The year offered challenges and successes
The market environment improved during the beginning of the year although the market remained volatile throughout the year. In autumn, the rise in interest rate reversed and strengthened market expectations of lower interest rates in 2024. Despite the challenging market situation, Aktia’s net sales in asset management to domestic institutional investors and Private Banking customers developed positively. Customer satisfaction among Private Banking customers also increased.
We launched the Article 9 Aktia Aurinkotuuli III Fund in co-operation with Taaleri Plc at the end of February. The fund has taken off very strongly, and it has succeeded well in fundraising. Aurinkotuuli III strongly supports the green transition in the energy economy. The market environment offered excellent opportunities to introduce interesting structured products with positive sales development to our product range.
Aktia was selected the best fixed income fund house in Finland in the Morningstar Awards comparison, published in March. In May, our fixed income expertise gained further recognition when we were awarded in the Refinitiv Lipper Fund Awards comparison as the best European fixed income fund house in the category for small fund houses. In the same comparison, international first prizes were awarded to several Aktia funds.
Strengthening personal advisory services
At the end of 2023 Aktia simplified and renewed the wealth management organisation and its functions. The aim is to improve customer experience and to develop and strengthen service models.
We have developed our internal processes and systems within wealth management, and the next step is to simplify the operating model for the Private Banking business in particular.
In the future, we will bring our special expertise even closer to the customer. As a wealth manager bank, we want to ensure that we always take care of the customer comprehensively. Each Private Banking customer will still have their own designated, experienced banker as their main contact.