Mandatum Asset Management
- Company typePrivate
- Founded2021
- HeadquartersHelsinki, Finland
- Headcount51–100
- GTM typeB2B
- OfferingServices
Mandatum Asset Management firmographics
Firmographics- Name
- Mandatum Asset Management
- Legal name
- Mandatum Asset Management Ltd
- Website
- https://mandatumam.com
- Company type
- Private
- Founded year
- 2021
- Operating status
- Operating
- Headcount range
- 51–100 employees
- Ownership category
- akta.pro rank
Mandatum Asset Management industry classification
Industry- Product category
- Institutional Asset Management
- NAICS
- Portfolio Management and Investment Advice (523940), Open-End Investment Funds (525910), Securities, Commodity Contracts, and Other Financial Investments and Related Activities (523)
- SIC
- Investment Advice (6282)
- akta.pro primary industry
- Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions) (FSAAACAG)
- akta.pro secondary industries
- Real Estate Portfolio & Fund Management (Institutional/REIT/PE) (BPAJAMAJ), Fundamental/Discretionary Equity Long/Short (FSAHAAAA), Advisory Portfolio Management (Non-Discretionary) (FSAAABAD), Real Assets — Fund-of-Funds & Secondaries (FSAAAKAK)
Keywords
Where Mandatum Asset Management is headquartered
LocationHeadquarters
- HQ city
- Helsinki
- HQ country
- Finland
- HQ region
- Europe
Offices3 records
Markets served
Mandatum Asset Management business model
Business model- GTM type
- B2B
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Asset Management Fees: Mandatum generates revenue primarily through management fees charged on assets under management across its UCITS funds, alternative investment funds (AIF), and segregated mandates. Fees are calculated as a percentage of assets under management, with performance fees potentially applicable on certain funds.
Go-to-market motion1 record
Distribution channels6 records
Marketing channels4 records
Mandatum Asset Management product offering
Product offeringCore offering
Mandatum Asset Management is the asset management arm of Mandatum Group, offering institutional investment management across credit, alternatives, and equity strategies. It manages UCITS funds (including the award-winning Managed Futures Fund, Nordic High Yield, Fixed Income Total Return, and Senior Secured Loan Fund) and Alternative Investment Funds (Finland Properties II real estate and Growth Equity II private equity) for institutional, professional, and family office clients. The firm combines deep credit expertise with systematic multi-strategy approaches enhanced by machine learning and ESG integration via its Upright Net Impact Model.
Product overview
Mandatum Asset Management offers a diversified portfolio of investment products through multiple fund structures. The core offerings include UCITS funds (Mandatum SICAV-UCITS umbrella) providing liquid strategies in equities, fixed income, and alternatives, alongside Alternative Investment Funds (AIFs) for real estate and private equity. The flagship UCITS funds include the award-winning Mandatum Managed Futures Fund (systematic multi-strategy with machine learning), Mandatum Nordic High Yield Total Return Fund (high yield bonds), Mandatum Fixed Income Total Return Fund, and the SFDR Article 9 Mandatum AM Senior Secured Loan Fund. The AIF lineup comprises Mandatum AM Finland Properties II (Finnish real estate) and Mandatum AM Growth Equity II (Nordic growth equity). Products range from institutional-focused alternative investments to UCITS vehicles for broader professional investor access.
Differentiator
Problem solved
Functional benefit
Products and services
- Mandatum Managed Futures Fund A Luxembourg-domiciled UCITS CTA fund employing a systematic multi-strategy approach enhanced by machine learning, investing across equity, fixed income, and currency markets. Targets institutional investors seeking uncorrelated return streams and absolute returns.
- Mandatum Nordic High Yield Total Return Fund
Quantifiable outcome
- Mandatum Managed Futures Fund achieved 8.2% return in 2025, 2-year annualised return of 11.0%, and 3-year annualised return of 6.7%
- +5 more outcomes
Companies that use Mandatum Asset Management
Customer profileNamed customers3 records
Segments3 records
Ideal customer profiles3 records
Mandatum Asset Management technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
AI capability3 records
Feature3 records
Mandatum Asset Management partnerships and signals
Strategic signalPartnerships
One partnership is on record.
- Incus CapitalminorMandatum invested in Incus European Credit Fund IV, which invests in non-sponsor asset-backed private credit transactions in Southern Europe. Mandatum conducted active ESG dialogue with Incus Capital management to improve their ESG process and practices, as the fund initially scored poorly in Mandatum's ESG assessment. Mandatum began engagement to support ESG improvements throughout the partnership.
Scale indicators7 records
Recent moves8 records
Expansion highlights4 records
Mandatum Asset Management competitors and assessment
Company assessmentDirect peers
- Evli: Finnish institutional and wealth asset manager with strong credit and alternatives capabilities serving Nordic institutional, family office and HNW clients. Closest direct peer by geography, client mix, and product breadth including UCITS and AIF structures.
- eQ Asset Management: Finnish boutique asset manager focused on institutional clients and private asset funds including real estate and private equity. Comparable by Finnish institutional focus, AIF fund structures, and emphasis on alternative real assets.
- Taaleri Asset Management: Finnish asset manager with focus on alternatives, private equity and real estate funds plus renewable energy. Directly comparable by AIF structure, Finnish institutional client base and alternatives-led product mix.
- Aktia Asset Management: Finnish institutional asset manager (part of Aktia Bank) serving pension and institutional clients with fixed income and equity strategies. Comparable by Finnish institutional client focus, though smaller and less alternatives-heavy than Mandatum.
Broad incumbents
- Nordea Asset Management: Pan-Nordic institutional and wholesale asset manager with broad credit, equity and alternatives capabilities and significantly larger AUM. Competes with Mandatum in Nordic credit and multi-asset mandates but at materially greater scale and distribution.
- SEB Investment Management: Large Nordic asset manager within SEB Group, offering institutional, wholesale and private banking mandates across credit, equity and alternatives. Comparable institutional Nordic client base and credit capabilities, but operates at group-bank scale.
- Handelsbanken Fonder (Asset Management): Nordic-focused Swedish asset manager within Handelsbanken group, offering fixed income, equity and alternatives funds. Comparable Nordic institutional distribution and credit capability, though part of a much larger universal banking group.
- Swedbank Robur: Largest Nordic asset manager within Swedbank group with broad fixed income, equity and alternatives offerings. Comparable Nordic institutional distribution and credit expertise, but operates at much larger AUM scale.
- Danske Bank Asset Management: Large Nordic and pan-European asset manager within Danske Bank group offering institutional and wholesale credit, equity and alternatives strategies. Comparable Nordic institutional focus and credit capabilities, operating at significantly larger scale.
- OP Asset Management: Largest Finnish institutional asset manager within OP Financial Group, managing pension insurance assets and offering institutional fixed income and equity strategies. Comparable Finnish institutional client base, though significantly larger and captive to OP Group.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat6 records
Key risks6 records
Key highlights7 records
Customer concentration
Mandatum Asset Management social profiles
Digital presenceMandatum Asset Management compliance and trust
Trust signalCompliance5 records
Mandatum Asset Management financial estimates
Financial estimateRevenue estimate
Valuation estimate
Mandatum Asset Management leadership team
Management profileNumber of profiles
Profiles20 records
Mandatum Asset Management subsidiaries and ownership
Company hierarchySubsidiaries2 records
Mandatum Asset Management funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
Mandatum Asset Management M&A and investment
M&A and investmentM&A
Investments4 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about Mandatum Asset Management
What does Mandatum Asset Management do?
Mandatum Asset Management is the asset management arm of Mandatum Group, offering institutional investment management across credit, alternatives, and equity strategies. It manages UCITS funds (including the award-winning Managed Futures Fund, Nordic High Yield, Fixed Income Total Return, and Senior Secured Loan Fund) and Alternative Investment Funds (Finland Properties II real estate and Growth Equity II private equity) for institutional, professional, and family office clients. The firm combines deep credit expertise with systematic multi-strategy approaches enhanced by machine learning and ESG integration via its Upright Net Impact Model.
Is Mandatum Asset Management a public or private company?
Mandatum Asset Management is a private company. It is classified as corporate owned and is currently operating.
When was Mandatum Asset Management founded?
Mandatum Asset Management was founded in 2021. It employs 51 to 100 people.
Where is Mandatum Asset Management based?
Mandatum Asset Management is headquartered in Helsinki, Finland, in the Europe region.
How does Mandatum Asset Management make money?
One revenue line is on record: asset Management Fees.
Who are Mandatum Asset Management's main competitors?
Direct peers on record are Evli, eQ Asset Management, Taaleri Asset Management and Aktia Asset Management. Broad incumbents are Nordea Asset Management, SEB Investment Management, Handelsbanken Fonder (Asset Management), Swedbank Robur, Danske Bank Asset Management and OP Asset Management.
Does Mandatum Asset Management have an API?
No public API is recorded for Mandatum Asset Management.
What industry is Mandatum Asset Management in?
Mandatum Asset Management's product category is Institutional Asset Management. Its primary akta.pro industry code is FSAAACAG, Institutional Consulting RIAs (OCIO/Endowments/Foundations/Pensions), with a secondary code of BPAJAMAJ, Real Estate Portfolio & Fund Management (Institutional/REIT/PE). Its NAICS code is 523940 and its SIC code is 6282.