NLB Skladi

What NLB Skladi does

NLB Skladi, upravljanje premoženja, d.o.o. is a Slovenian asset management company and a 100%-owned subsidiary of Nova Ljubljanska Banka d.d. (NLB Group), operating from Ljubljana since 2004. It is the largest asset management company in Slovenia with over 40% market share, serving more than 100,000 investors across retail and high-net-worth segments. The company manages an umbrella fund (krovni sklad) of 20 sub-funds spanning global equities, regional equities, sector funds, balanced funds, and bond strategies, alongside discretionary individual portfolio management (minimum EUR 100,000) and alternative investment funds including a real estate investment company (NID) and a sustainable energy special investment fund (Zeleni prehod I).

The platform is built around a krovni sklad (umbrella fund) architecture that permits tax-free internal transfers between sub-funds, supported by ESG evaluation through S&P Global ratings for sustainability-themed products, mobile applications for iOS and Android, and integration with NLB Group's NLB Klik mobile banking. Distribution is omnichannel: 65+ NLB branches staffed with 400+ investment professionals, NLB Private Banking, a 24/7 contact center, video consultations, and third-party distributors (BKS BANK AG, Ilirika d.d.) for alternative fund share subscriptions.

Revenue is generated through recurring management fees on assets under management (rates ranging 1.00%-2.25% depending on fund type), entry fees up to 3.00%, exit fees up to 1.00%, and individual portfolio management fees on high-net-worth mandates. The customer base is dominated by Slovenian retail investors with systematic savings plans starting at EUR 40/month, supplemented by HNW clients and an institutional segment. Strategic milestones include surpassing EUR 1 billion in mutual fund AUM in 2017, the 2025 launch of alternative investment funds, and the 2026 IPO of subsidiary NID on the Ljubljana Stock Exchange.

Name

NLB Skladi

Legal name

NLB Skladi, upravljanje premoženja, d.o.o.

Website

https://nlbskladi.si

Company type

Private

Founded year

2002

Operating status

Operating

Headcount range

11–50 employees

Short description

NLB Skladi is Slovenia's largest asset management company (40%+ market share), a 100% subsidiary of NLB Group, managing 20 mutual fund sub-funds, individual portfolios (EUR 100K+), and alternative funds for over 100,000 investors, distributed through NLB's 65+ branch network.

Ownership category

akta.pro rank

Product category

Asset Management

NAICS

Portfolio Management and Investment Advice (523940)

SIC

Investment Advice (6282)

akta.pro primary industry

Managed Account / SMA Multi-Manager Platforms (FSANAGAL)

akta.pro secondary industry

Employer Retirement Plan Advisory (401(k)/Pension) (FSAEABAE)

Keywords

• Asset management
• Mutual funds
• Portfolio management
• Investment funds
• Wealth management

Headquarters

HQ city

Ljubljana

HQ country

Slovenia

HQ region

Europe

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure, Others

Revenue model

1. Management fees from mutual funds: Ongoing management fees charged on assets under management across 20 sub-funds. Fee rates vary from 1.00% to 2.25% annually depending on fund type.
2. Entry/exit fees: Upfront entry fees up to 3.00% and exit fees up to 1.00% on mutual fund transactions
3. Individual portfolio management: Customized portfolio management services for high-net-worth clients with minimum investment of EUR 100,000
4. Alternative investment fund management: Management fees from alternative investment funds including NLB Skladi - Nepremičnine (NID) and NLB Skladi - Zeleni prehod I

Pricing tiers

Go-to-market motion3 records

Distribution channels6 records

Marketing channels4 records

Core offering

NLB Skladi is a Slovenian asset management company that manages an umbrella fund structure of 20 mutual fund sub-funds covering global equities, bonds, balanced portfolios, and sector/regional themes, alongside personalized individual portfolio management for high-net-worth clients (minimum EUR 100,000) and alternative investment funds (real estate and green-transition). The firm serves over 100,000 investors through NLB Group's 65+ branch network, dedicated digital tools, and direct advisory channels.

Product overview

NLB Skladi operates as a multi-product asset management platform organized into three main service lines: (1) Vzajemni skladi - an umbrella fund structure with 20 sub-funds covering equities, bonds, and balanced strategies across global, regional, and sector-specific mandates; (2) Individualno upravljanje premoženja - personalized portfolio management for clients with minimum 100,000 EUR; and (3) Alternativni investicijski skladi - alternative investment products including the NLB Skladi - Nepremičnine REIC (NID) and the NLB Skladi - Zeleni prehod I special investment fund. The company also offers a mobile app (NLB Skladi for iOS/Android) and integrates with parent company NLB's NLB Klik mobile banking platform. As of 2025, NLB Skladi is the largest asset management company in Slovenia with over 40% market share, managing assets for more than 100,000 investors.

Differentiator

Problem solved

Functional benefit

Products and services

• Vzajemni skladi (Mutual Funds umbrella) — 20 sub-funds across global equities, bonds, and balanced strategies Umbrella mutual fund structure with 20 sub-funds investing in equities (regional, sector, global), bonds, and mixed asset portfolios. Open to retail and institutional investors with savings plans from EUR 40/month and risk levels 1-5, distributed through NLB branches, NLB Klik, and the NLB Skladi mobile app.
• Individualno upravljanje premoženja (Individual Portfolio Management) Personalized discretionary wealth management service with direct access to dedicated portfolio managers, offered to clients with a minimum investment of EUR 100,000. Sourced primarily via referrals from NLB Privatno bančništvo (NLB Private Banking).
• NLB Skladi – Nepremičnine (NID) real estate investment company Alternative investment fund structured as a real estate investment company (REIC) investing in commercial real estate in Southeast Europe. Targeted at sophisticated/eligible investors with subscription via NLB branches, BKS BANK AG, Ilirika d.d., and NLB Podjetniške finance.
• NLB Skladi – Zeleni prehod I special investment fund (SIS) Special investment fund providing exposure to private capital and infrastructure for sustainable energy projects in Southeast Europe, with a 15-year recommended holding period. Targeted at sophisticated investors seeking long-duration sustainable investments.
• NLB Skladi mobile application (iOS and Android) Mobile application available on iOS (App Store id 1475466533) and Android (Play Store package hr.in2.nlb.mskladi) enabling existing investors to track transactions and investment portfolio balances, manage deposits into selected sub-funds, and access 24/7 self-service portfolio monitoring.

Quantifiable outcome

• 40%+ market share in Slovenia investment fund management
• +2 more outcomes

Named customers2 records

Segments4 records

Ideal customer profiles4 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Feature2 records

Partnerships

Four partnerships are on record, tiered minor and core.

• BKS BANK AGminorChannel Partner/ Reseller/ DistributorAuthorized distributor for NID (NLB Skladi - Nepremičnine) share subscriptions during IPO period, alongside NLB branches.
• Ilirika d.d. LjubljanaminorChannel Partner/ Reseller/ DistributorAuthorized distributor for NID (NLB Skladi - Nepremičnine) share subscriptions during IPO period, alongside NLB branches.
• NLB Privatno bančništvocoreChannel Partner/ Reseller/ DistributorNLB Private Banking division refers high-net-worth clients to NLB Skladi for individual portfolio management services.
• NLB Podjetniške financeminorChannel Partner/ Reseller/ DistributorCorporate finance division of NLB that distributes NID IPO shares to professional investors and eligible counterparties.

Scale indicators6 records

Recent moves12 records

Expansion highlights6 records

Broad incumbents

• BlackRock: US-based largest global asset manager, whose iShares ETF franchise plus active mutual-fund family competes for retail allocation decisions across Europe. Indirect competitor in the same Slovenian retail investor wallet via global platforms.
• Amundi: France-based pan-European asset manager and one of the world's largest, offering active and passive mutual funds, ETFs, and real-asset products across European retail channels. Indirect competitor for Slovenian investors accessing EU-domiciled fund platforms through intermediaries.
• Schroders: UK-headquartered global asset manager running active mutual funds across equities, fixed income, and alternatives with distribution across European retail and institutional channels. Indirect competitor for cross-border fund selection by Slovenian investors.
• Erste Asset Management: Austrian-based asset manager with one of the largest CEE retail and institutional fund footprints, distributing mutual funds across Slovenia, Austria, Czech Republic, Hungary, Romania, and Croatia. Overlaps with NLB Skladi in SEE retail products and brings broader fund range, AUM scale, and ESG offerings.
• Vanguard: US-headquartered asset manager dominating the global passive/index mutual fund and ETF industry with Europe-domiciled offerings. Indirect competitor whose low-cost passive vehicles increasingly frame retail investor expectations on fees, pressuring the economics of higher-fee active mutual funds like those of NLB Skladi.
• DWS: Germany-based global asset manager (formerly Deutsche Asset Management) operating European and global active and passive fund franchises with Xtrackers ETFs. Indirect competitor via cross-border fund platforms accessible to Slovenian retail and institutional investors.
• Allianz Global Investors: German-based global asset manager affiliated with Allianz Group, offering active and passive investment products including sustainable strategies distributed through European retail and institutional channels. Indirect competitor for SEE investor wallet share.

Direct peers

• Triglav Skladi: Slovenian asset-management arm of the Triglav insurance/banking group, operating mutual funds and individual portfolio management for retail and institutional clients inside Slovenia. Direct competitor in the same domestic mutual-fund market served by NLB Skladi through NLB Group's branch network.
• Generali Investments: Italy-headquartered multi-affiliate asset manager with a strong CEE presence through Generali Investments CEE. Competes with NLB Skladi across Slovenian and CEE retail and institutional mutual-fund mandates with overlapping equity, bond, and ESG offerings.
• KD Skladi: Slovenian asset-management arm of KD Group, managing open-end mutual funds and discretionary mandates for Slovenian retail and institutional investors. Direct competitor with overlapping sub-fund categories and similar distribution through affiliated channels.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat6 records

Key risks6 records

Key highlights7 records

Customer concentration

• YouTubeyoutube.com/@NLBSkladiDZU
• Facebookfacebook.com/nlbskladi.si
• LinkedInlinkedin.com/company/nlbskladi
• Instagraminstagram.com/nlbskladi_si
• Xx.com/nlbskladi

Revenue estimate

Valuation estimate

Number of profiles

Profiles9 records

Subsidiaries1 record

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about NLB Skladi