Weakened currencies gave tailwind to Norwegian and Swedish asset managers in H1

If adjusting for the depreciation of the Swedish krona and the Norwegian krone, some asset managers change places in AMWatch’s AUM growth ranking. (corrected)

In the first half of 2023, the Norwegian krone has depreciated 10.2% against the euro, while the Swedish krona has weakened 5%.

BY ANNE LOUISE HOUMANN AND PHILIP MADSEN

(in the first version of this article, the header by mistake said ”headwind”. The correct term is tailwind)

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Weakened currencies gave tailwind to Norwegian and Swedish asset managers in H1

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Front page now

Nicolai Tangen is a huge fan of the Women in Finance Charter but stresses that promotions must be fair

Pension funds abandon dialogues with oil majors and divest shares

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

Swedish asset manager kicks off new fund with leading Nordic institution

More than one third of managers do not report ESG violations to Varma, despite shared values

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

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Nordics show clear appetite for new asset classes, BlackRock survey reveals

28 Nordic investors in new alliance to engage companies on nature risk

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Danish pension fund invests to support female entrepreneurship in Southeast Asia

Further reading

Swedish asset manager kicks off new fund with leading Nordic institution

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BankInvest to optimize investment processes with new hire

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

KLP sees rapid increase in external assets: "I don’t think we have any specific challenges right now"

Only one Nordic fund market increased its AUM in August

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