Tangen, whose firm manages $9 billion (6 billion pounds), was speaking at the Sohn Investment Conference in London on Wednesday.
(Reporting by Nishant Kumar and Simon Jessop, editing by David Evans)
LONDON (Reuters) - Nicolai Tangen, founder of investment firm AKO Capital, said he expects Svenska Handelsbanken to provide a big capital return in the form of a dividend and share buyback in 2015/16 as its branch profitability rises.
Tangen, whose firm manages $9 billion (6 billion pounds), was speaking at the Sohn Investment Conference in London on Wednesday.
(Reporting by Nishant Kumar and Simon Jessop, editing by David Evans)
1st Jan change | Capi. | |
---|---|---|
+12.87% | 547B | |
+11.94% | 291B | |
+12.30% | 250B | |
+22.29% | 209B | |
+19.80% | 171B | |
+12.26% | 169B | |
+11.01% | 164B | |
+3.84% | 143B | |
-10.98% | 139B |