Norway’s SpareBank 1 Kapitalforvaltning has appointed Thomas Nielsen as a portfolio manager as it seeks to build a new fund as part of developing its offering of equity and fixed income funds. Formed through the merger of SpareBank 1 Nord-Norge Forvaltning, and Allegro Kapitalforvaltning in the autumn of 2017, SpareBank 1 Kapitalforvaltning has some NOK13bn […]
The number of contracts signed between retail savers and financial services providers to invest regularly into funds increased by some 25,000 over the past year, according to a survey from the Norwegian Fund and Asset Management Association (VFF). It said that last year’s number came on top of some 60,000 new regular savings contracts signed the […]
Rune Selmar is taking over as chief executive of Odin Forvaltning in Norway, following his role at the Norwegian Government’s Norfund – the Norwegian Investment Fund for Developing Countries.
Norway’s central bank may announce higher interest rates tomorrow – even as the country’s banks have started charging each other higher interest rates to lend in light of the uncertainties sparked by the ongoing financial crisis in Europe.