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  • 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.

  • Leading financial institutions call on governments to not permit deep-sea mining

    A group of 36 financial institutions, representing over EUR 3.3 trillion of combined assets, have released a new joint statement urging governments to protect the ocean and not proceed with deep-sea mining until the environmental, social and economic risks are comprehensively understood, and alternatives to deep-sea minerals have been fully explored.

  • Storebrand Asset Management announces Q2 2023 business update

    Storebrand Asset Management recognized net revenue of NOK 483 million for the second quarter of 2023. Overall, results in the quarter were impacted by positively trending markets and the weakening of the NOK against most currencies. In the quarter, we experienced inflows totalling NOK 10billion, ending the period with NOK 1143 billion in Assets under Management, an increase of NOK 124 billion.

  • Toyota Will Face First Climate Shareholder Resolution

    Today, three shareholders are announcing that they have filed a climate lobbying-related resolution for Toyota Motor Corporation’s Annual General Meeting (June date TBC). The filing comes after a long period of active engagement led by Danish pension fund, AkademikerPension (US$20 bn in AUM), along with Norwegian financial services company, Storebrand Asset Management (US$120 bn in AUM), and Dutch

  • Storebrand Asset Management announces Q1 2023 business update

    "Our sustainability position and multi-boutique business model have been important to our growth and positive institutional inflows. In the current investment climate of persistently high interest and inflation rates, the importance of building a resilient portfolio with diversified assets is underlined." - Jan Erik Saugestad CEO Storebrand Asset Management.

  • Storebrand Infrastructure Fund invests in Germany's largest planned offshore wind farm

    Storebrand Infrastructure Fund is pleased to announce the acquisition of an equity stake in He Dreiht, a construction-ready 960 MW offshore wind farm in the German North Sea. Storebrands strategic infrastructure partner, AIP, has formed a consortium with Allianz Capital Partners (ACP) and Norges Bank (NBIM) acquiring 49.9% of the project.

  • Storebrand Asset Management announces Q4 2022 business update

    Storebrand Asset Management recognized net revenue of NOK 576 million for the fourth quarter of 2022, including performance revenues realized at year end. During the quarter, we generated net inflows of NOK 8 billion, ending the period with NOK 1020 billion in Assets under Management (AuM), a net decline of NOK 77 billion or 7% in 2022.

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