Avanza, the Swedish platform for savings and investments, has announced that its “world’s cheapest” global equity fund has pulled in SEK1bn (€97m) of net inflows in its first month on the market. The management fee for Avanza Global is 0.05% and the total annual cost for customers is approximately 0.1%, including annual fee and transaction […]
Investment bank Morgan Stanley has lowered its share price targets for a swathe of Nordic banks.
It is no surprise that funds invested in gold were among the best performers in the Swedish funds market through July, but surprisingly so too were Thailand funds.
Martin Tiveus has been appointed the new chief executive of Avanza Bank, taking over from Nicklas Storåkers – who at age 25 was Sweden’s youngest CEO of a listed company when he started the role in 1999.