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.
Storebrand has been assessed by the renowned Dow Jones Sustainability Index as one of the world's leading listed companies in work on sustainability.
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.
Nature Action 100 is a global investor engagement initiative focused on driving greater corporate ambition and action to reduce nature and biodiversity loss. Investors participating in the initiative engage companies in key sectors that are deemed to be systemically important in reversing nature and biodiversity loss by 2030
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.
