Stronger krone bites Storebrand's growth after robust performance in Q1, says AM unit's CEO
During the first quarter, Storebrand AM continued to see strong net inflow on the Swedish fund market, where its subsidiary SPP Fonder comprises roughly 5 percent of the mutual fund market's AUM. It also continued to raise capital for alternatives. In terms of overall performance, Q1 was energetic, CEO Jan Erik Saugestad tells AMWatch.
OP Financial Group's mutual funds' AUM increased in Q2, though at a slower pace than in Q1. For the first half year of 2021 as a whole, the bank's mutual funds have attracted more than 100,000 new unitholders.