Inflationary backdrop supports Storebrand AM’s multi-boutique setup, CEO says

Norway’s largest asset manager is content with a muted AUM drop in Q1, helped by strong inflows in its Swedish operations as well as growing appetite for its value strategies and real assets, CEO Jan Erik Saugestad tells AMWatch.
Jan Erik Saugestad, CEO, Storebrand Asset Management | Photo: PR / Storebrand AM
Jan Erik Saugestad, CEO, Storebrand Asset Management | Photo: PR / Storebrand AM

Storebrand Asset Management’s quarterly figures showed a drop in assets under management of 4.6 % or NOK 57bn (EUR 5.8bn), to a total of NOK 1.04trn (EUR 105bn).

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