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  • "The first quarter of 2022 was dominated by the war in Ukraine, with tragic scenes of suffering and loss incurred by victims.", Jan Erik Saugestad, CEO Storebrand Asset Management. Photo Moen, Kristian Skalland

    Storebrand Asset Management announces first quarter 2022 business update

    Storebrand Asset Management generated net revenues of NOK 470 million in the first quarter of 2022, ending the period with NOK 1040 billion in Assets under Management (AuM). The quarter was marked by extreme market volatility as a fallout of the Russian invasion of Ukraine, which drove significant macroeconomic shifts, a rise in geopolitical tensions and a new regime of sanctions.

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