Storebrand AM pleased with faith from clients after modest AUM drop in Q2

Despite a net outflow in the second quarter, Storebrand still has positive net flows for the year as value-oriented strategies and sustainable solutions have contributed to inflows.

Storebrand's headquarters in Lysaker near Oslo. | Photo: PR/Storebrand

by ANNE LOUISE HOUMANN

Norway’s largest asset manager saw assets under management decline by 3.6% to NOK 1,009bn (EUR 98.4bn) in the second quarter.

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Storebrand AM pleased with faith from clients after modest AUM drop in Q2

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Front page now

Tesla AGM sees defeats for Nordic investors on CEO pay package and workers’ rights

Swedish fund agency denies being "biased" after first selection for premium pension platform

Alfred Berg on growth trend: "We are pinching ourselves"

Swedish fund company confirms closure of Copenhagen office as "strategic decision"

If Finns stopped gambling fund investments could double, says Aktia’s new CEO

Sweden still failing to reach target for female board representation

World’s largest ‘dark green’ fund propels Swedish manager to global ESG stage

BlackRock expands ETF range to capture green transition opportunities

Swedish investors lead push against Tesla on workers’ rights

Norwegian portfolio managers are using AI to research investments – but still do the stock picking themselves

PFA's Head of Equities steps down

CEO: Finnish state pension fund is ready to support growth in defense sector

Further reading

Swedish fund company confirms closure of Copenhagen office as "strategic decision"

Tesla AGM sees defeats for Nordic investors on CEO pay package and workers’ rights

Two Verdane employees charged with insider trading

"Private equity is really a selection game," says CEO of Sweden's AP6 fund

If Finns stopped gambling fund investments could double, says Aktia’s new CEO

Verdane sacks imprisoned employee accused of insider trading