A powerful group of investors acquires Icelandic securites

A powerful group of investors along with key staff has completed the acquisition of 90% of shares in Icelandic securities hf.   Shareholders in the company are over 20 and no single shareholder owns more than 10%.  The new owners vision is to support the company's continued growth, as it is their firm belief that Icelandic securities has vast oppurtunities to grow in the coming years.

Growing operations

"Recent months have been eventful for Icelandic securities. The company‘s operations are growing with the introction of new employees that have joined the company. In the coming months the company  will in addition introduce new and innovative services," says Heidrun Jonsdottir, Chairman if the board of Icelandic securities.

Opportunities for Icelandic securites

The new ownership is a great acknowledgment for the company and its employees. "The new ownership provides the company with great opportunities and enables it to seek further growth in the coming months. Icelandic securities will actively participate in the Icelandic economy with extensive customer services. Icelandic securities‘ strengths include a long and good operating history along with a strong reputation".

About Icelandic securities

Icelandic securities is a specialized asset management company established in 1987. The company has been a member of the Iceland Stock Exchange since 1995 and is licensed as a securities firm. The company provides comprehensive services in the field of asset management and capital markets as well as the operation of enterprise funds and alternative investments. A subsidiary of Icelandic securities is ÍV funds hf., and the company also holds a 45.5% stake in Tplús ehf, which specializes in clearing and settlement as well as custody services and pension fund services.  Icelandic securites‘ has 19 employees with a lot of experience and knowledge of the market. Assets under management in Icelandic securities are about 111 billion. and a total customer base of over 2 thousand individuals and legal entities.