AMWATCH | "Swedish precious metals manager AuAg more than triples AUM in one year"

In an interview with AMWatch, Eric Strand asserts that AuAg Funds' assets under management have more than tripled over the past twelve months, to around SEK 9bn as of August 2026, with the strongest growth in Norway. The total number of individual investors moving past 120,000 across Europe.

As part of an initiative towards institutional investors, Petter Alberts joins the team from EQT as portfolio manager. The mining sector has become hard for investors to ignore, while expertise in the sector remains scarce. That is the gap the hire is meant to close.

Valuable insights:

• Debt and deficits have grown to a degree that are unable to be ignored. Governments can (and often will) create money to help ease certain problems, often at the expense of the currency itself. Metals, on the other hand, can't be produced at will. Which is one of the drivers behind increased demand for gold and silver, re-emerging as a strategic reserve assets.

• Silver is often filed under one of two headings: a monetary metal alongside gold, or an industrial input alongside copper. In reality, silver is the bridge between them and fits in both fields. This dual demand provides fertile ground from an investment perspective, especially given supply deficits and constraints on new production.