Corporate structure
Corporate structure
The mission of the Mandatum Group is to create added value for its stakeholders by combining expertise in asset and wealth management and life insurance. The Group consists of Mandatum plc and its subsidiaries.
Legal structure of Mandatum Group
Read more: Organization of governance
Group companies
Mandatum plc is an insurance holding company that operates through its subsidiaries. Mandatum Life Insurance Company Limited (Mandatum Life) provides wealth management, compensation and reward solutions, pension solutions, and personal insurance services for private and corporate clients. Mandatum Asset Management Ltd is an investment services company that provides asset and wealth management services, and through its subsidiaries, engages in fund management business. Mandatum Services Ltd is a service company and a Financial Supervisory Authority-registered insurance intermediary, offering reward consulting and personnel fund services for companies and organizations, as well as trading services as a tied agent of Saxo Bank A/S.
Mandatum Life Insurance Company Limited
Mandatum Life Insurance Company Limited (Mandatum Life) is a wholly owned subsidiary of Mandatum plc, providing wealth management, reward solutions, retirement planning, and personal insurance services for corporate and private clients.
Learn more about Mandatum’s services
Mandatum Asset Management
Mandatum Asset Management (MAM) is a wholly owned subsidiary of Mandatum Plc. Its role is to serve institutional investor clients, provide asset and wealth management services, and manage the Group’s investment assets. Mandatum Asset Management engages in fund management business through its subsidiaries and also acts as an insurance agent registered with the Finnish Financial Supervisory Authority (FIN-FSA) on behalf of Mandatum Life Insurance Company Limited.
Learn more about MAM’s services
Mandatum Asset Management's subsidiaries
Mandatum AM AIFM Ltd
Mandatum AM AIFM Ltd is a wholly owned subsidiary of Mandatum Asset Management, managing alternative investment funds focused on real estate and private equity strategies. It manages the Mandatum AM Finland Properties II special investment fund, which invests in Finnish real estate, and the MAM Growth Equity II fund, which makes growth investments in scalable Nordic growth companies.
More information on products managed by AIFM can be found here.
Mandatum Fund Management S.A.
Mandatum Fund Management S.A. is a wholly owned subsidiary of Mandatum Asset Management, managing Mandatum Asset Management’s UCITS funds in Luxembourg.
Service company
Mandatum Services Ltd
Mandatum Services Ltd (formerly Mandatum Life Services Ltd) is a subsidiary of Mandatum plc and a Financial Supervisory Authority-registered insurance intermediary, offering reward consulting and personnel fund services for companies and organizations, as well as trading services as a tied agent of Saxo Bank A/S through Saxo Bank’s Trader platform.
Mandatum simplified its group structure during 2025 when Mandatum Asset Management Servives Ltd and Mandatum Incentives Ltd merged into Mandatum Services Ltd.