AMWatch

Norwegians turn to fund investments at record level

46 percent of Norwegians have money saved in equity funds, according to a new survey conducted by Opinion on behalf of Norway's fund and asset management association.

Bernt S. Zakariassen, CEO of VFF | Photo: Irene Sandved Lunde

Around two million Norwegians aged over 18 invest in equity funds, the Norwegian fund and asset management association VFF reports. This is an increase of six percentage points from the year before and is the highest figure since VFF started conducting the surveys in 2001.

"We have seen positive net subscriptions among retail investors on a month-to-month basis since March 2020. The survey, conducted by Opinion, confirms the big increase in the number of fund savers," says Bernt S. Zakariassen, CEO of VFF, in a press release.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

ATP's managed assets maintained growth in Q3

A positive result from investments and a negative hedging portfolio outcome are the main takeaways from ATP's Q3 report, which reports that total managed assets have increased, and the bonus rate has also swelled further.

Velliv divests coal and tar sands

Neither coal nor oil extracted from tar sands will be be found in Velliv's portfolio now that the company has decided to completely exclude companies associated with those activites.

Further reading

Related articles

Trial banner

Latest news

Jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch