Nordnet starts fund company in bid to control entire value chain

The online bank and platform will launch a mix of active and passive products but will also listen to the savings needs of its customers, CEO Lars-Åke Norling tells AMWatch. The new fund company has already recruited a CEO and finalized its board composition.

Nordnet CEO Lars-Åke Norling | Photo: PR/Nordnet

by MIRZA GAZIC

Swedish online bank and trading platform Nordnet sees mutual funds as a prioritized area for its future growth and has applied to the financial supervisory authority for a permit to launch its own fund company.

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Nordnet CEO sees "hyper-growth" in Denmark and Norway

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Front page now

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager