The financial advisor has, despite his young age, always dreamt of becoming the master of his own house. He now manages affluent families' wealth, weaving them and their large sums into a web in which he, too, is becoming increasingly entangled.
So far in 2021, Norway has experienced massive inflows to its investment fund markets, beating former records. The pandemic and different government initiatives have resulted in an increased savings rate. Data also show that market shares are shifting among Norwegian fund managers.
A portfolio of 20 logistics properties and a total of 515,000 square kilometers across the Nordic region waves goodbye to an NREP fund, instead changing hands to asset manager AXA Investment Managers, which has clear growth ambitions in the region.
Sweden's largest fund manager is ditching the more "national" sustainability rating in favor of full focus on SFDR. But the Nordic Ecolabel organization still sees interest in its Swan label and believes it has a part to play, especially as the release of the SFDR technical standards has been postponed again.
Finland's net rental yield is at an attractive level even by international standards, and international investors have noticed this over the past five years, says Tero Tuominen, who heads the Evli Residential II fund.
Focusing on Nordic fixed-income funds has doubled Alfred Berg's market shares in Norway. The company, which was previously a prominent player in Sweden, is hoping to carry this success over to the Swedish market, which it has been mostly absent from since selling the majority of its funds to Carneo two years ago.
Obtaining sustainability certification for properties can pay off, a new CBRE investigation shows. In Copenhagen, rental incomes from certified sustainable properties are more than 25 percent higher than from properties without a certification.
DECEMBER SERIES: Today, Head of Benelux, Northern Europe and Middle East at Capital Group Feike Goudsmit explains why he is currently expanding the manager's products and services to support clients in the Nordics.