Storebrand multiples Danish AUM fivefold in two years

Norway’s largest asset manager is still a relatively small player on the Danish market – but has recorded considerable growth. With a varied pallette of investment products and a clear sustainable profile, the Danish country head expects to start snapping up market shares in the institutional space.

Kim T. Andreassen, director and head of institutional clients & external distributors at Storebrand Asset Management in Denmark | Photo: PR / Storebrand Asset Management

Storebrand Asset Management, which is based in Norway, opened its doors with the Storebrand brand in Denmark in 2020. Since then, it has increased its assets under management from DKK 700m (EUR 94m) to DKK 3.7bn (EUR 500m).

Kim T. Andreassen, director and head of institutional clients and external distributors at Storebrand in Denmark, thinks that the manager has built a strong foundation in the country, where it has marketed itself on its sustainable profile as well as a wide range of investment solutions.

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