Nordnet after adjusting fee model: We've seen a shift from index to active funds

After Nordnet changed its price model with the introduction of its own platform fee, more investors have opted for active funds. However, the investment platform has also spotted another trend in the fund business. Sector funds have gone seen a renaissance in recent years among the active fund clientele.

Economist at Nordnet Bjørn Erik Sættem | Photo: PR/Nordnet

"We've had even higher net purchases of funds after implementing the platform fee. This is in part attributable to us having a dramatic growth in customer base," Nordnet Economist Bjørn Erik Sættem tells AMWatch's sister media,

Last year, Nordnet decided to move away from taking a provision on returns from asset managers to instead demand a direct service fee from its customers, and the group introduced a new price model in September with the launch of its own platform fee.

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