Storebrand AM CEO says establishing firm outside of Norway was "necessary"

Norwegian asset managers are forming subsidiaries overseas so that they can compete under the same conditions as their EU peers.
Jan Erik Saugestad, CEO, Storebrand AM. | Photo: PR/Storebrand
Jan Erik Saugestad, CEO, Storebrand AM. | Photo: PR/Storebrand
by martin fugleseth kolden, translated by catherine brett and Daniel Pedersen

Asset managers in Norway are currently discussing how to grow the industry in the country, which imposes more regulations than EU countries.

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