Fund Management

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%.
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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