Storebrand Asset Management Q4 2025 business update

“Geopolitical tensions on the rise, coupled with fluctuating public markets and increasing interest rates, have emphasized the importance of resilient and diversified investment portfolios,” stated Jan Erik Saugestad.

The fourth quarter of 2025 witnessed heightened market volatility due to escalating geopolitical tensions, tariff uncertainties, and a slowdown in global growth. Despite these challenges, Chinese markets exhibited signs of stabilization, supported by strategic policies implemented by the Chinese government. Storebrand Asset Management’s multi-asset strategy enables clients to access diversification easily in navigating through this uncertain environment.

Saugestad emphasized the necessity for well-diversified and resilient investment portfolios due to the current geopolitical and economic climate. The shifting landscape of global value creation towards private markets raises questions about integrating private market investments into long-term investment strategies. Storebrand AM’s extensive experience in allocating capital to private markets, covering sectors like private equity, renewable infrastructure, and real estate, highlights the potential of private markets as a complementary component to traditional listed investments.

With growing demand for active and alternative investment strategies, the fourth quarter saw a resurgence in momentum as markets recovered from the repercussions of the US imposition of import tariffs. Political uncertainties persisted, but client sentiment improved, leading to increased engagements with Storebrand AM for long-term capital allocation strategies. The trend towards alternative investments, particularly real estate, gained traction due to rising risk allocations and interest in diversification away from the US.

Real estate and infrastructure investments remain a focal point for clients looking to mitigate concentration risks and capitalize on regional opportunities. Storebrand AM’s acquisition of UK Battery Energy Storage System projects and the successful fundraising for AIP Management’s infrastructure fund signify a growing interest in these sectors. Stable cash flows, essential asset nature, and long-term electrification trends make infrastructure an attractive asset class in the current market environment.

The consolidation of real estate expertise into Storebrand Real Estate underscores a strategic move to streamline operations and enhance focus on the real estate sector. The portfolio’s impressive performance and accolades like MSCI’s European Property Investment Award for SPP Fastigheter demonstrate the success of the real estate segment under Storebrand Real Estate. Additionally, the strong start and successful second closing of Storebrand Nordic Real Estate Fund II reflect the continued growth and momentum in the Nordic real estate market.