SPP's fund business rebrands to Storebrand Fonder after strong year

Further Nordic expansion is a clear focus after a year of good net inflows for SPP Fonder.

SPP Fonder (soon to be Storebrand Fonder) CEO Åsa Wallenberg | Photo: PR / SPP Fonder

Storebrand's Swedish fund business, SPP Fonder, reports a strong 2021 with SEK 15bn (EUR 1.44bn) in net inflows, giving the firm a market share of nearly 5 percent. The fund inflows account for 7.6 percent of the total net inflows in the Swedish mutual funds space and SPP Fonder now has SEK 355bn (EUR 34bn) in assets under management.

"Despite still being in a tough pandemic related situation, we feel confident going into 2022 and have higher ambitions than ever. We have a broad palette of sustainable funds that have proven to be attractive even outside of Sweden," CEO Åsa Wallenberg says.

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