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. | |
---|---|---|
+12.59% | 298B | |
+9.42% | 251B | |
+21.76% | 210B | |
+17.45% | 173B | |
+7.53% | 163B | |
+4.15% | 154B | |
-10.92% | 138B | |
-0.39% | 138B | |
+1.33% | 125B |