New film fund with renowned industry trio chases double-digit annual return rates
Scandinavian Film Funds aims to enable investors to gain exposure to Nordic movies. Behind the project is a trio of experienced people from the industry, including a two times Academy Award winner. The ambition is to ensure double-digit annual return rates.
Since Goldman Sachs Asset Management brought in Thomas Kønig to rethink its Nordic strategy, he's been reinforcing the regional team. Last year, the industry titan opened a new office in the heart of Copenhagen, and Kønig is still scouting for new profiles, he tells AMWatch.
The fund industry in Sweden could be facing further consolidation due to increased regulation and a reduction of the number of funds in the Swedish Premium Pension System (PPM), writes Swedish financial newspaper Dagens Industri.