Storebrand AM downgrades global equities to neutral following oil price surge
A sharp rise in oil and gas prices following the attack on Iran has prompted Storebrand Asset Management to downgrade global equities from overweight to neutral.
A sharp rise in oil and gas prices following the attack on Iran has prompted Storebrand Asset Management to downgrade global equities from overweight to neutral.
The fourth quarter of 2025 was characterized by heightened market volatility amid rising geopolitical tensions, renewed tariff uncertainty, and slowing global growth momentum. Our multi‑asset approach keeps us well positioned to help clients navigate this uncertainty through simple access to diversification.
"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"
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 Infrastructure Fund has expanded its sustainable infrastructure portfolio by entering into an agreement to acquire a stake in the leading French independent power producer, VALOREM, in partnership with AIP Management. This investment supports Storebrand’s broader strategy to increase its presence in sustainable infrastructure and accelerate the green transition.
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 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).
"Biodiversity loss was a breakthrough topic last year in within our sector, after what has been a long battle for many of us advocating for the issue. But now, this issue is increasingly being understood to rank alongside climate change — and to be intrinsically linked to solving it -as areas of significant systemic risk for investors"- Jan Erik Saugestad, CEO Storebrand Asset Management
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
Storebrand has had its emissions reduction targets approved by the Science Based Targets initiative as consistent with levels required to meet the goals of the Paris Agreement.
Storebrand has been assessed by the renowned Dow Jones Sustainability Index as one of the world's leading listed companies in work with sustainability.
"More than half of the world’s total GDP is moderately or highly dependent on nature and its services. Yet, the value of nature and “ecosystem services” has been largely unacknowledged by companies and their investors. This is despite the fact that failure to act could result in collapsing food systems, loss of livelihoods and pose a systemic risk to the global economy"
Storebrand Asset Management (Storebrand) is delighted to announce that it has launched its Emerging Markets ESG Plus strategy as a Common Contractual Fund (CCF) on the AMX platform. This has been funded by an investment from the Lewisham Pension Fund (LPF).
Cubera Private Equity is pleased to announce that Reidun Tysseland has accepted the position as Managing Partner of Cubera Private Equity.
Jan Erik Saugestad, CEO Storebrand Asset Management: "This pilot project shows how companies can provide meaningful data on their impacts and dependencies on nature. As an investor, this kind of reporting helps us assess risks and opportunities and channel our investments into the most sustainable companies."
A group of shareholders in JFE Holdings (“JFE”), one of Japan’s leading steelmakers, today welcomed the announcement of enhanced climate commitments by the company following recent engagement on the topic.
Cubera is pleased to announce that Urs Bitterling has been appointed to the newly established position of Chief Sustainability Officer at Cubera. In this new role, Bitterling reports directly to the CEO and is a member of Cubera's leadership team. He joins Cubera from Allianz SE.