Reporting season is underway and Norwegian giant Storebrand Group follows DNB by noting that assets under management in its subsidiary Storebrand Asset Management grew by 5 percent during the second quarter. That equates to a NOK 50.1bn (EUR 4.8bn) growth and means that the firm's AUM now surpass the NOK 1,000bn (EUR 96.8bn)mark.
Total assets now amount to NOK 1,037bn (EUR 100.4bn). At the end of the first quarter, they totaled NOK 987bn (EUR 95.5bn) after growing by 2.6 percent during the period.
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