Sharp rise in equity savings accounts in Norway

Jonathan Boyd
clock
Sharp rise in equity savings accounts in Norway

Regulatory regime demands stood behind a sharp rise in the assets funneled into equity savings accounts (aksjesparekonto, or ASK) in Norway in the last two months of 2019, explains VFF, the Norwegian Fund and Asset Management Association. Some NOK125bn (€ 12.4bn) was invested via the accounts by Norwegian individuals by the end of the year, equal to some 77% of total assets in equity funds in the local market, with about half the assets being placed in the last two months noted. The rul...

To continue reading this article...

Join International Investment

Join International Investment today

Unlock members-only benefits:

  • Unlimited access to real-time news, industry insights, video features and market intelligence
  • Stay ahead of the curve with spotlights on international financial centres, regional trends international advice and global industry leaders
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Hear the latest cross jurisdictional developments in wealth planning, tax, regulation, investing, retirement and protection
  • Members-only access to the Editor’s weekly news roundup newsletter
  • Members-only access to analysis via our exclusive industry polls
  • Be the first to hear about our events and awards programmes

Join now

 

Already a International Investment member?

Login

Jonathan Boyd
Author spotlight

Jonathan Boyd

Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope.