Storebrand AM sets out to conquer the Netherlands

On the 04/25/19 at 2:28PM


Laurence Marchal

The Norwegian company is continuing its international development in the country, after the United Kingdom and Denmark.

Storebrand Asset Management is launching three strategies in the Netherlands. After the United Kingdom and Denmark, the Norwegian asset management is taking on a new market in a continuation of its international development. This time it will again rely on its affiliate Skagen, acquired in 2017, which already has a presence in the Netherlands. The Norwegian asset management firm will distribute funds from its parent company, as well as its own product range.

The three strategies launched in the Netherlands are Storebrand Global ESG Plus, Storebrand Global Solutions and Storebrand Global Multifactor. The funds have a sustainable investment philosophy, a statement says.

Storebrand, which has €71bn in assets under management, has initiated a strategy to conquer Europe. It is in the process of creating an asset management firm for that purpose in Luxembourg.

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