Ownership & Organisation

Since 2024, Norron has been part of ICP Asset Management within the Aker Group. Norron and its sister company ICP Asset Management AS are 100% owned by ICP Asset Management Holding AS. ICP Asset Management Holding AS is indirectly owned by Aker ASA and partners in the business. Aker has a long and successful history characterised by entrepreneurship and active ownership. The company celebrated its 175th anniversary in 2016, making it Norway’s oldest industrial company still in operation today. The business is primarily focused on traditional Norwegian industrial verticals such as energy, ship financing, and oil services, but substantial investments are also being made in biotechnology and digitalisation. Aker has been an active owner in Norron Asset Management since its inception in 2010. More information about Aker ASA and ICP Asset Management AS can be found at: LINKS

Norron AB (“Norron”) is a Swedish securities company authorised to conduct portfolio management in accordance with Chapter 2, Section 1, point 4 of the Securities Market Act (VpmL). Norron also conducts branch operations in Norway through Norron AB NUF (“the Branch”). The Branch operates under Norron and conducts its activities under the company’s portfolio management licence. The Branch does not engage in any activity other than what the company is licensed to conduct.

Norron’s sole business is the management of the underlying assets in Norron SICAV in Luxembourg, in accordance with a management assignment from FundRock Management Company S.A. (“FundRock”). Norron SICAV is a legal fund structure (SICAV – Société d’Investissement à Capital Variable) consisting of an umbrella fund with five sub-funds. All sub-funds are UCITS funds and open to the public for investment. FundRock acts as the management company of the Fund and is therefore responsible for its administration. Norron markets its business — i.e., the management of Norron SICAV — but does not itself distribute the funds. The distribution is instead carried out by FundRock Distribution S.A., which acts as the global distributor of Norron SICAV. Norron therefore has no customers in the form of investors; formally, these are customers of the Fund and FundRock.

Norron has outsourced the functions for compliance and internal audit. The person responsible for the company’s compliance function is Eva Wågberg at Spera Advisory AB. Iman Ghaffari at Advisense AB is the responsible internal auditor. Furthermore, Henriette Edström Naess at ICP Asset Management AS is responsible for the company’s risk function. These control functions report directly to the CEO and the Board of Directors.

William Jeirud at KPMG is the company’s external auditor.

Swiss Qulified Investors

This website is not intended for the general public. It is designed for use by Financial Intermediaries, Investment Companies, Financial Institutions and providers of Financial Products.
Nothing within this website constitutes an invitation or offer to buy or sell any investment, nor is it intended to provide a basis on which to make an investment decision or a personal recommendation. The price and value of the investments may fluctuate, past performance is not a guide to future performance and future returns are not guaranteed.
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Access is restricted to Qualified Investors and subject to successful identification. Therefore, any and all information contained in this part of the webpage is solely directed at such Qualified Investors. It is not allowed to directly or indirectly grant access to information or distribute information to other person other than Qualified Investors.

In many countries the investment funds mentioned in this part of the webpage are subject to restrictions in relation to publication and access via the Internet, marketing, offering and/or selling. Reference is made to the respective prospectus for any details, however, it is the obligation of each person to inform itself about and to obey any restrictions. Thus persons, being subject to any restriction shall not access this part of the webpage. In relation to a particular investment fund, all current versions of all documents in relation to such investment fund shall be considered. All further or additional reservations in such documents apply.

Definition of Qualified Investor as per Art. 10 CISA (Collective Investment Scheme Act) :

Paragraph 3
Regulated financial intermediaries such as banks, securities traders, fund management companies and asset managers of collective investment schemes, as well as central banks; regulated insurance institutions; public entities and retirement benefits institutions with professional treasury operations; companies with professional treasury operations.

Paragraph 3bis
High-net-worth individuals may declare in writing that they wish to be deemed qualified investors. In addition, the Federal Council may make such persons’ suitability as qualified investors dependent on certain conditions, specifically technical qualifications.

Paragraph 3ter
Investors who have concluded a written discretionary management agreement as defined in Article 3 Paragraph 2b and c are deemed qualified investors.

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Risk information

For swiss investors press here

Investing in funds is associated with risk and a fund’s historical return is no guarantee of future returns. The value of the fund units can both increase and decrease and it is not certain that you get back the entire capital invested. No account is taken of inflation. Please note that Norron AB only acts as the portfolio manager of the funds and that we do not offer any investment advice. The information on our website should therefore not be seen as investment recommendations to investors, or as an offer or invitation to buy, or sell, fund units. You should always review the product sheets, KIID and prospectus before completing a purchase and discuss any investment with a professional investment advisor. Further information can be found under the Legal Information tab. By using this website, you confirm that you have read and understood the above information.

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