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  • "The strong inflows in the first half of 2023 have continued during the third quarter and demonstrates clients' confidence in our strategies"- Jan Erik Saugestad CEO Storebrand Asset Management.

    Storebrand Asset Management Q3 2023 business update

    Storebrand Asset Management recognized net revenue of NOK 507 million for the third quarter of 2023. Despite financial markets declining in the quarter due to renewed concerns about interest rates, affecting AuM negatively, we nonetheless experienced inflows totalling NOK 15 billion, ending the period with NOK 1131 billion in Assets under Management (AuM), an increase of NOK 111 billion in 2023.