"The quarter has undoubtedly been marked by turbulence, and we expect the landscape going forward to be more volatile than in previous years. However, we remain cautiously optimistic that some degree of stabilization will return in the financial markets, making a steady, long-term perspective more important than ever"
Storebrand Fastigheter AB has appointed Henrik Bastman as its new Chief Executive Officer, succeeding Marita Loft, who has chosen to retire after 13 years as CEO of the company.
Positive inflow, and strong markets, and the integration of majority-owned AIP (95bn) contributed to Storebrand Asset Management’s AuM increasing to an all-time high of NOK 1 469 billion, as of the end of the fourth quarter of 2024.
"We are particularly concerned by recent suggested amendments that would extend the delay in the EUDR’s introduction and undermine the content of the legislation, in particular traders exempted from the EUDR’s requirements, since they are key participants in the supply chains that need to be monitored".
COP 16 has concluded, leaving behind a mixed legacy of both progress and concern. While important agreements to support biodiversity were achieved, they failed to reach consensus on key issues related to finance. COP 16 suspended without the adoption of a resource mobilization strategy to scale up finance for biodiversity and mainstream biodiversity in the financial planning of governments.
Storebrand Asset Management recognized net revenue of NOK 733 million for the third quarter of 2024, including net performance revenues. Positive inflow and strong markets contributed to an increase in AuM. In total, AuM increased to an all-time high of NOK 1 347 billion.
Storebrand Asset Management recognized net revenue of NOK 638 million for the second quarter of 2024, including net performance revenues. Positive inflow and strong markets contributed to an increase in AuM, counteracted by strengthened NOK against other currencies. In total, AuM increased to an all-time high of 1 298 billion.
Storebrand har indgået aftale om at købe yderligere 50 % af aktierne i den danske infrastrukturforvalter AIP Management P/S (“AIP”) så de opnår et direkte ejerskab på 60 %. AIP er grundlagt af pensionskassen PKA og har hovedkontor i København med et samlet tilsagn fra investorer på EUR 8 milliarder (DKK 60 milliarder).
Storebrand has entered into an agreement to acquire an additional 50% of the shares in Danish infrastructure fund manager AIP Management P/S (“AIP”) to reach a direct ownership of 60%. AIP is founded by PKA and headquartered in Copenhagen with total commitments from investors of €8 billion (NOK 90 billion).
“Our assets under management have grown consistently over the years and we are privileged to have a loyal, long-term client base. There’s continued interest in alternatives, particularly private equity, with record sales outside the Nordics. Real Estate is also on the comeback, as evidenced in several new commitments”, Jan Erik Saugestad CEO Storebrand Asset Management.
Storebrand Nordic Real Estate Fund (SNRE) has made its first successful acquisition, with the purchase of a high-quality logistics asset located in Sweden. This initial investment sets the stage for Storebrand’s strategic expansion across the property sector in the Nordic region.
Strong finish to the year with positive signs across all Nordic markets.
