ODIN Forvaltning
ODIN Forvaltning is a Norwegian asset manager founded in 1990 and part of the SpareBank 1 alliance. It offers actively managed Nordic and global equity, fixed income, and real estate funds to retail, HNW, corporate, and institutional investors via bank and digital channels.
- Company typePrivate
- Founded1990
- HeadquartersOslo, Norway
- Headcount101–250
- GTM typeB2B and B2C
- OfferingServices
What ODIN Forvaltning does
ODIN Forvaltning AS is a Norwegian asset management company founded in 1990 and headquartered in Oslo, operating as a wholly-owned entity within the SpareBank 1 alliance of Norwegian savings banks. The firm manages an active mutual fund franchise spanning Nordic, European, US, and emerging market equities, Nordic and global fixed income (including high yield and sustainability-labeled strategies), and a Nordic listed-real-estate strategy. Its investment approach, branded the "Odin-modellen," is a qualitative philosophy emphasizing quality companies with durable competitive positions, competent management, and attractive valuations, supplemented by active ownership through direct engagement and proxy voting (operationally supported by ISS) and by ESG analysis sourced from Sustainalytics.
The firm's product surface includes flagship equity funds (Odin Aksje, Odin Norge, Odin Norden, Odin Sverige, Odin USA, Odin Emerging Markets), credit funds (Odin Kreditt, Odin Nordic High Yield, Odin Sustainable Corporate Bond), and the Odin Eiendom real estate fund, complemented by digital tools including the Odin Online web platform, a mobile app on iOS and Android, and planning calculators (savings, withdrawal, return). Distribution runs through a captive SpareBank 1 banking network plus third-party platforms (Nordnet, DNB, Sparebanken Norge, Kron, Eika) and direct advisor-assisted sales for higher-tier wealth management services.
ODIN generates revenue primarily through recurring annual management fees on funds under management, with equity funds around 0.75%, bond funds around 0.50%, and real estate funds up to 1.05%, alongside advisory fees for the Formuesforvaltning wealth management service targeting businesses, foundations, public sector, and private capital. Customer segments span individual retail investors (long-term savings, pension, children's savings), high-net-worth individuals (eligible for Class A share tier at NOK 10M+ minimums), corporate treasury clients, and institutional foundations. Marketing and customer engagement are supported by HubSpot, Meta, LinkedIn, and Google Ads, with content production spanning podcasts, webinars, and editorial articles published in Norwegian, English, Swedish, and Finnish.
ODIN Forvaltning firmographics
Firmographics- Name
- ODIN Forvaltning
- Legal name
- Odin Forvaltning AS
- Website
- https://odinfond.no
- Company type
- Private
- Founded year
- 1990
- Operating status
- Operating
- Headcount range
- 101–250 employees
- Short description
- ODIN Forvaltning is a Norwegian asset manager founded in 1990 and part of the SpareBank 1 alliance. It offers actively managed Nordic and global equity, fixed income, and real estate funds to retail, HNW, corporate, and institutional investors via bank and digital channels.
- Ownership category
- akta.pro rank
ODIN Forvaltning industry classification
Industry- Product category
- Asset Management
- NAICS
- Open-End Investment Funds (525910)
- akta.pro primary industry
- Private Client/High-Net-Worth Advisory (FSAEAAAN)
- akta.pro secondary industries
- Philanthropy & Foundations Advisory (Donor-Advised Funds, Endowments) (FSAAABAH), Estate Planning & Trust Structuring Advisory (FSAEAKAC)
Keywords
Where ODIN Forvaltning is headquartered
LocationHeadquarters
- HQ city
- Oslo
- HQ country
- Norway
- HQ region
- Europe
Offices1 record
Markets served
ODIN Forvaltning business model
Business model- GTM type
- B2B and B2C
- Offering type
- Services
- Cost components
- Personnel, Operations, Technology or R&D, Marketing or Sales, Infrastructure
Revenue model
- Fund Management Fees: ODIN Forvaltning generates revenue through annual management fees charged on funds under management. Fees vary by fund type, with equity funds typically charging around 0.75% (e.g., Odin Aksje A) and bond funds around 0.50% (e.g., Odin Kreditt A). Real estate funds charge approximately 1.05% (Odin Eiendom F).
- Wealth Management Advisory: The company offers wealth management services (Formuesforvaltning) for businesses, foundations, public sector, and private capital management, providing comprehensive financial planning and portfolios for long-term value creation.
Pricing tiers
| Model | Billing | Price |
|---|---|---|
| Subscription | Annual | Odin Aksje A - Equity Fund Class A |
| Subscription | Annual | Odin Kreditt A - Credit Fund Class A |
| Subscription | Annual | Odin Eiendom F NOK - Real Estate Fund Class F |
| Subscription | Annual | Odin Eiendom A NOK - Real Estate Fund Class A |
Go-to-market motion1 record
Distribution channels4 records
Marketing channels7 records
ODIN Forvaltning product offering
Product offeringCore offering
ODIN Forvaltning is a Nordic asset management company that manages and distributes actively managed mutual funds across equity (Norway, Sweden, Nordic, USA, Emerging Markets, global), fixed income (credit, Nordic high yield, sustainable corporate bond), and Nordic listed real estate asset classes. In addition, it provides discretionary wealth management advisory (Formuesforvaltning) for corporations, foundations, public sector entities, and private capital clients, supported by the proprietary Odin Online platform and mobile applications.
Product overview
ODIN Forvaltning is a Nordic asset management company offering a portfolio of actively managed investment funds across equity, fixed income, and real estate asset classes. The product lineup includes regional equity funds (Odin Norge, Odin Sverige, Odin Norden, Odin Emerging Markets, Odin USA), sector-focused funds (Odin Eiendom for real estate), credit funds (Odin Kreditt, Odin Nordic High Yield, Odin Sustainable Corporate Bond), and a flagship global equity fund (Odin Aksje). The funds are supported by digital services including Odin Online platform and mobile app for portfolio management, complemented by planning tools (Sparekalkulator, Uttakskalkulator, Avkastningskalkulator) and educational content (Fondsskolen). Wealth management advisory services are available for institutional and private clients.
Differentiator
Problem solved
Functional benefit
Products and services
- Odin Aksje A Equity fund focused on long-term investment in quality companies with strong competitive positions and management focused on value creation, with a 10.95% return over the last 10 years to June 2026. Annual management fee 0.75%.
- Odin Norge A NOK Norwegian equity fund investing in quality Norwegian companies, managed by Atle Hauge who ranks among the top 0.5% of European fund managers by Citywire. Delivered 13.75% return over the last 10 years.
- Odin Emerging Markets A NOK Equity fund investing in emerging markets across Asia, South America, and Eastern Europe for long-term growth. Managed by Dan Erik Glover. Delivered 10.32% return over the last 10 years.
- Odin Kreditt A Bond fund focused on credit analysis and disciplined risk management for corporate debt investments. Co-managed by Nils Hast and Anders Hoberg. Annual management fee 0.50%. Delivered 5.59% return over the last 10 years.
- Odin Eiendom (A NOK and F NOK) Real estate fund investing in listed Nordic property companies including offices, hotels, shopping centers, and warehouses. Managed by Nils Hast with a concentrated portfolio of 25–35 quality companies. Fund size NOK 2,118.33 million as of May 2026; Class F fee 1.05% with NOK 3,000 minimum, Class A fee 0.75% with NOK 10 million minimum; 6.70% annual return since inception vs 5.25% benchmark.
- Odin Nordic High Yield High yield bond fund targeting the Nordic high yield market, the third largest in the world. Managed by Christian Malde.
- Odin Sustainable Corporate Bond Corporate bond fund with sustainability focus, co-managed by Nils Hast and Mariann Stoltenberg Lind, incorporating ESG screening.
- Odin Norden A NOK Nordic equity fund investing in 30–40 of the best companies across the Nordic region. Managed by Vigdis Almestad.
- Odin Sverige A NOK Swedish equity fund focusing on quality Swedish companies.
- Odin USA US equity fund investing in American companies, with managers assessing the outlook for US stock markets.
- Formuesforvaltning (Wealth Management Advisory) Discretionary wealth management advisory service for businesses, foundations, public sector entities, and private capital management clients, providing comprehensive financial planning and portfolio management for long-term value creation.
Quantifiable outcome
- Odin Aksje A delivered 10.95% return over last 10 years as of June 2026
- +4 more outcomes
Companies that use ODIN Forvaltning
Customer profileSegments4 records
Ideal customer profiles4 records
ODIN Forvaltning technology and API
TechnologyTechnology focussed No
API detail
- Has API
- No
- API docs
- API detail
Core technology
AI maturity
App detail
Feature3 records
ODIN Forvaltning partnerships and signals
Strategic signalPartnerships
Six partnerships are on record, tiered core and minor.
- SpareBank 1-alliansencoreOdin Forvaltning is an integral part of the SpareBank 1 alliance, operating as a wholly-owned entity within the alliance structure. This partnership provides distribution reach through SpareBank 1 bank branches and cross-selling opportunities within the Norwegian banking market.
- Meta (Facebook, Instagram)minorSocial media advertising platform for targeted marketing campaigns.
- LinkedInminorProfessional networking platform for B2B marketing and employer branding.
- Google AdsminorPaid search advertising platform for customer acquisition.
- NordnetminorSwedish-Norwegian investment platform where Odin funds are available for purchase.
- DNBminorMajor Norwegian bank and investment platform distributing Odin funds.
Scale indicators4 records
Recent moves6 records
Expansion highlights5 records
ODIN Forvaltning competitors and assessment
Company assessmentDirect peers
- DNB Asset Management: Asset management arm of Norway's largest bank, offering Norwegian and Nordic mutual funds distributed through DNB's branch network and direct channels. Directly comparable to Odin in product mix, Norwegian retail distribution, and bank-affiliated ownership model.
- Storebrand Asset Management: Major Nordic asset manager with a strong sustainability and active ownership franchise, distributing through Storebrand's life insurance and bank channels. Highly comparable to Odin on Nordic equity/credit, ESG integration, and active ownership positioning.
- KLP Kapitalforvaltning: Norwegian municipal pension provider with a large in-house asset management business managing Nordic equities, credit, and real estate. Comparable to Odin on Nordic asset class coverage and institutional client base, with a similar focus on responsible investment.
- Skagen Funds: Norwegian active asset manager with global and Nordic equity strategies, distributed through Norwegian banks and platforms. Direct comparable to Odin on retail fund distribution, active management philosophy, and Norwegian brand positioning.
- Alfred Berg (Carnegie): Nordic asset manager offering equity, fixed income, and real estate funds, now part of Carnegie Group. Comparable to Odin on Nordic multi-asset product lineup and Norwegian retail distribution.
- Carnegie Fonder: Swedish active asset manager offering Nordic equity and fixed income funds, distributed through Carnegie and external platforms. Comparable to Odin on Nordic active management philosophy, smaller-boutique positioning, and multi-asset product set.
Broad incumbents
- Nordea Asset Management: One of the largest Nordic and European asset managers, offering a broad fund range across regions and asset classes. Comparable to Odin on Nordic distribution footprint and multi-asset capabilities, but operates at a meaningfully larger scale with international institutional reach.
- SEB Investment Management: Swedish bank-affiliated asset manager with Nordic and global funds distributed through SEB branches and external platforms. Comparable to Odin on Nordic equity strategies and bank-channel distribution, but with materially larger AUM.
- Swedbank Robur: Sweden's largest domestic asset manager and part of Swedbank group, distributing funds through Swedbank branches and external channels. Comparable to Odin on Nordic equity and ESG fund range, but with a much larger AUM base and broader product shelf.
- Handelsbanken Fonder: Swedish bank-affiliated fund manager offering Nordic and global strategies distributed through Handelsbanken's branch network. Comparable to Odin on Nordic multi-asset product set and bank-affiliated distribution.
Market position
Strengths5 records
Weaknesses5 records
Competitive moat5 records
Key risks6 records
Key highlights7 records
Customer concentration
ODIN Forvaltning social profiles
Digital presenceODIN Forvaltning financial estimates
Financial estimateRevenue estimate
Valuation estimate
ODIN Forvaltning leadership team
Management profileNumber of profiles
Profiles10 records
ODIN Forvaltning funding detail
Funding detailFunding overview
Funding rounds
Investors
Funding detail is available on the Subscription and Enterprise plan.Contact sales →
ODIN Forvaltning M&A and investment
M&A and investmentM&A
Investments2 records
M&A and investment is available on the Subscription and Enterprise plan.Contact sales →
Frequently asked questions about ODIN Forvaltning
What does ODIN Forvaltning do?
ODIN Forvaltning is a Nordic asset management company that manages and distributes actively managed mutual funds across equity (Norway, Sweden, Nordic, USA, Emerging Markets, global), fixed income (credit, Nordic high yield, sustainable corporate bond), and Nordic listed real estate asset classes. In addition, it provides discretionary wealth management advisory (Formuesforvaltning) for corporations, foundations, public sector entities, and private capital clients, supported by the proprietary Odin Online platform and mobile applications.
Is ODIN Forvaltning a public or private company?
ODIN Forvaltning is a private company. It is classified as corporate owned and is currently operating.
When was ODIN Forvaltning founded?
ODIN Forvaltning was founded in 1990. It employs 101 to 250 people.
Where is ODIN Forvaltning based?
ODIN Forvaltning is headquartered in Oslo, Norway, in the Europe region.
How does ODIN Forvaltning make money?
Two revenue lines are on record. Fund Management Fees are the primary driver. The others are wealth Management Advisory.
Who are ODIN Forvaltning's main competitors?
Direct peers on record are DNB Asset Management, Storebrand Asset Management, KLP Kapitalforvaltning, Skagen Funds, Alfred Berg (Carnegie) and Carnegie Fonder. Broad incumbents are Nordea Asset Management, SEB Investment Management, Swedbank Robur and Handelsbanken Fonder.
Does ODIN Forvaltning have an API?
No public API is recorded for ODIN Forvaltning.
What industry is ODIN Forvaltning in?
ODIN Forvaltning's product category is Asset Management. Its primary akta.pro industry code is FSAEAAAN, Private Client/High-Net-Worth Advisory, with a secondary code of FSAAABAH, Philanthropy & Foundations Advisory (Donor-Advised Funds, Endowments). Its NAICS code is 525910.