Henrik Bastman appointed CEO of Storebrand Fastigheter
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.
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.
10 years ago, Storebrand AM launched the world's first commercial green bond fund*, building on the World Bank’s issuance of the first-ever green bond in 2008. Since then, the market for green bonds has mushroomed, with more than US $1 trillion of sustainable bonds now being issued annually.
Storebrand Asset Management (SAM) has made the strategic decision to transition all fund strategies currently registered in Norway to Swedish domicile. This significant step will commence in 2025 and underscores SAM’s commitment to strengthening its position in the Nordic financial market.
"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 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.
While long-term focus on transition aligned investments continues to grow, a central component in the transition towards net zero, electrical grid hardware, still lacks adequate attention from Paris-aligned investors, a report from Storebrand Asset Management reveals.
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).
This is a joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management calling on ESG data providers to enhance data offerings on ocean-related risks and opportunities at project and issuer-level.
Introduction: Financial institutions are increasingly aware that alongside climate change, inequality and biodiversity loss are creating
“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.
The independent research institute Morningstar on Friday awarded Storebrand Asset Management the main award as Best Asset Manager in Denmark at the Morningstar Awards for Investing Excellence 2024.
Storebrand Asset Management strengthens its Nordic Real Estate team by hiring Alfons Rosendahl Jagut as Transaction Manager. Alfons will focus on accelerating the investment program for Storebrand’s Nordic Real Estate Fund. He will also play a key role in facilitating a seamless entry for Storebrand's growing network of international investors looking to enter the Nordic region.
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.
"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
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.
MILAN OCTOBER 11 - European Business and Nature Summit is the largest conference dedicated to crafting sustainable business models. This year’s edition comes one year before COP16 and will put special focus on empowering businesses to take decisive transformative action to implement biodiversity targets and lead the way towards a nature-positive society.
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.