They aim to consolidate Nordic asset managers

Nansen Capital Partners, which was formed a year ago by Tor Dagfinn Veen and Åge Westbø to manage their ownership in Skagen, has acquired Swedbank Asset Management in Norway. It was the firms’ first acquisition but probably not the last.

A year ago FBNW wrote: “the probability of consolidation among smaller Nordic fund companies increased significantly this week. The reason is to be found in the new ownership structure of Norwegian Skagen Fonder”. This prediction has now come to fruition with
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