The material on this site is for financial institutions, professional investors and their professional advisers. It is for information only. Please read our Terms & Conditions, Privacy Policy and Cookies before using this site.

All material subject to strictly enforced copyright laws. © 2021 Euromoney, a part of the Euromoney Institutional Investor PLC.
Banking

ABG Sundal Collier joins elite

The young up-start is giving bigger Nordic investment banks a run for their money. The firm’s CEO reckons its size and a commitment to local research have been an advantage in adapting to the changing climate of the region’s capital markets.

Rumours swirl around the birth of ABG Sundal Collier’s convertible bond business. "The story goes that there was an English guy, a convertible bond expert, in London who had a Norwegian girlfriend who was living in Oslo. When he decided to make the move to Norway, he approached ABG – probably because the bank was at the top of the phone book – with the idea of setting up a convertible bond business," says a Norwegian bank analyst. "The rest is history."

ABG’s convertibles business began in 2003. Since then, it has grown to become a clear market leader. In Norway, the firm has a 31% share of the market, outperforming such rivals as Deutsche Bank, Citi and Barclays.

Knut Brundtland, CEO at ABG Sundal Collier
Knut Brundtland, CEO at ABG Sundal Collier

"Our convertible bond distribution is world class," says Knut Brundtland, the company’s CEO. "We are setting the example for the region." And its influence goes further – ABG ranks second for the convertible bond market in Canada this year. The firm was born out of a 2001 merger between ABG Securities, based in Stockholm, and Sundal Collier & Co in Oslo, when privatization and consolidation in the sector after the regional banking crisis in the 1990s was rife.

You have reached premium content. Please log in to continue reading.

Read beyond the headlines with Euromoney

For over 50 years, our readers have looked to Euromoney to stay informed about the issues that matter in the international banking and financial markets. Find out more about our different levels of access below.

SUBSCRIBE ONLINE TODAY

Unlimited access to Euromoney.com and Asiamoney.com

Expert comment, long reads and in-depth analysis interviews with senior finance professionals

Access the results of our market-leading annual surveys across core financial services

Access the results of our annual awards, including the world-renowned Awards for Excellence

Your print copy of Euromoney magazine delivered monthly

£73.75 per month

Billed Annually

FREE 7 DAY TRIAL

Unlimited access to Euromoney.com and Asiamoney.com, including our top stories, long reads, expert analysis, and the results of our annual surveys and awards

Sign up to any of our newsletters, curated by our editors

LOGIN NOW

Already a user?

We use cookies to provide a personalized site experience.
By continuing to use & browse the site you agree to our Privacy Policy.
I agree