AMWatch closed on Monday, May 29
There will be no AMWatch newsletter on Monday, May 29. The media is closed due to a public holiday.
EU to crack down on "finfluencers"
For subscribers
KLP: Nordic investor's share of active funds is irrational
For subscribers
AkademikerPension invests in French climate fund
For subscribers
EU to combat "biased and unfair" investment counseling
For subscribers
Oil fund puts Indonesian company on observation list, fearing damage to cultural heritage
Some of the oldest rock art in the world can be found in the areas where an Indonesian company operates. This includes cave art which is at least 43,900 years old.Swedish housing starts slump 55% in latest sign of crisis
Sweden’s residential property market saw construction levels falling by more than half in the first quarter as one of the world’s worst real estate routs continues to gather steam.For subscribers
AI intrigues ETF managers as both investment and tool
Artificial intelligence is inculcating throughout the almost USD 7trn US exchange-traded fund industry, both as technology for managing funds and as a new frontier for investment.For subscribers
Allianz pursues using ESG to find excess return in emerging market debt
Allianz’ head of emerging market debt believes that 2023 will be the year that government bonds from emerging markets will yield just as positive returns as equities.For subscribers
Analysis: How urgent are cost cuts in the AM industry?
The asset management industry is facing a significant growth in costs when several managers struggle to get sales and income back on track. Is it constant care and prudent business to act now?For subscribers
Food giant agrees to USD 450m settlement with AP7-led plaintiffs
Kraft Heinz has agreed to settle a lawsuit by a group of investors led by the Swedish pension fund. The plaintiffs accused the company of making misleading statements in connection with a merger.For subscribers
Handelsbanken maintains outlook on marked price drops in Norway's commercial real estate market
The price tag on the most lucrative of office spaces in Oslo is forecasted to decrease by 25%, Handelsbanken Capital Markets foresees, prompting upwards adjustment of the required rate of returns.For subscribers
Urban Partners raises record EUR 3.6bn to buy Nordic property
Turmoil in Nordic real estate markets has started attracting interest from investors looking to take advantage of landlords shedding assets to weather a looming liquidity crunch.For subscribers
Record dividends no match for recession woes gripping market
Even record dividends aren’t tempting investors enough to bet on stocks they see as more vulnerable in a recession.For subscribers
CIP makes first investment in Nordic onshore wind farms
CIP enters partnership with Finnish Myrsky Energia in a deal that concerns the development of onshore wind farms for a total of EUR 2.3bn.April saw strong inflows to the two smallest Nordic fund markets
April is the best month so far this year for the Finnish fund market, driven by net flows from especially three fund managers.KLP books all-time high AUM boosted by external customers
In Q1, assets managed on behalf of external clients increased by double digits at the third-largest Norwegian asset manager, KLP Kapitalforvaltning.For subscribers
The face of Sweden’s property bust fights for USD 13bn empire
A Yugoslav refugee turned Swedish property tycoon is fast running out of options to stabilize his USD 13bn empire, and the outcome will have ripple effects across Europe’s real estate industry.For subscribers
PFA met with criticism for increasing investment in oil company
At the annual general meeting on Tuesday, PFA will vote against Shell’s own climate plan and at the same time refrain from supporting a stricter proposal from a number of investors.For subscribers
Storebrand Fonder finds new CEO within own ranks
The Swedish fund manager Storebrand Fonder has found a replacement for its current CEO Åsa Wallenberg, who was recently poached by another major Swedish fund manager.For subscribers
Danish pension fund invests DKK 400m in new real estate fund
A Swedish private equity fund gets Danish pension and life insurance fund Lærernes Pension on board as anchor investor.For subscribers
Defense investments are hardly a black and white issue, says Evli CEO
Discussions of military investment exclusions after Russia’s full-scale invasion of Ukraine have soared for a good reason, asserts the CEO of Finnish Evli, Maunu Lehtimäki.For subscribers
Graven Larsen’s Qblue funds keep their AAA ratings despite massive MSCI downgrades
Only 0.2% of all funds now have an ESG AAA rating from MSCI compared to previously 19.9%.For subscribers
Nykredit surpasses Danske Invest on Danish retail fund market
Denmark’s second-largest asset manager, Nykredit, now holds 18% of the Danish retail fund market, according to new figures from Finance Denmark.For subscribers
Danish housing is stable after 'quite a fall', governor says
Denmark may have seen the worst of its housing-market slump and any economic impact should prove less painful than in neighboring Sweden, the country’s central bank governor suggested.For subscribers
