Highlights 3rd quarter 2006

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  • Operating earnings of 231 million kroner, up 104 percent from 113 million same period prior year
  • Assets under management at 66 billion kroner at quarter end, increased from 60 billion last quarter
  • Gross subscriptions of 3,705 million kroner, compared with 3,830 in third quarter 2005, reflecting strong savings markets in Norway and Sweden and change in product mix
  • Increased client demand for real estate and shipping products - and introduction of private equity as a new asset class - has led to broader product diversification
  • Shipping assets under management increased by one and a half billion kroner in third quarter to two billion kroner. Shipping and private equity generating 35 million kroner in operating earnings
  • Client funds available for real estate investments in excess of 1.5 billion kroner  
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    Oslo, 31 October 2006
    Simen Mørdre
    CEO Acta Holding ASA
    +47 90 86 85 62
    simen.mordre@acta.no