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 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
"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.
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.
Storebrand Asset Management generated net revenues of NOK 470 million in the first quarter of 2022, ending the period with NOK 1040 billion in Assets under Management (AuM). The quarter was marked by extreme market volatility as a fallout of the Russian invasion of Ukraine, which drove significant macroeconomic shifts, a rise in geopolitical tensions and a new regime of sanctions.
Storebrand Asset Management is launching its first Finnish office in Helsinki this month, bringing a local touch to its ESG-integrated offering for institutional clients.
The Nordic asset manager Storebrand has invested in Quantfolio and becomes the largest stakeholder in the Bergen based FinTech company. Together, the two companies will develop new services, build shared knowledge about quantitative allocations methods and sustainable investments as well as support the path to international expansion.
Framgångsrik kapitalinhämtning och god avkastning resulterade i historiska högstanivåer i både förvaltat kapital och intäkter.
Successful fundraising and strong performance, leading to all-time high in Assets under Management and profits. Active in engagement, ahead of vital COP26 and COP15 conferences.
The strong growth in Assets under Management (AuM) continues with an increase of NOK 50bn in the second quarter. Total AuM as of Q2 amounts to NOK 1.037bn, a growth of NOK 157bn, 18% year on year.
The strong growth in Assets under Management from last year continues and Storebrand Asset Management enters 2021 with an increase of NOK 25bn in the first quarter. Total AuM now amounts to NOK 987bn, +19% year on year.