In the third quarter, Storebrand Asset Management experienced strong inflows from both institutional clients and external distributors, according to the chief executive Jan Erik Saugestad, who is "very pleased with the results and the confidence that clients show his firm."
The Norwegian life insurer published its Q3 report yesterday, which showed that the AUM had increased to NOK 921bn (EUR 84.18bn), an increase of 17 percent compared to the same quarter last year. The AUM growth was partly driven by several new institutional clients from both outside and within the Nordics.
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