Pokémon rallies for DNB Fund

DNB servicesDNB logo. Photo Norway Today Media

DNB Asset Management has earned 120 million kroner after Nintendo launched mobile game Pokemon Go.

– I’ve never seen anything like it, says fund manager Sverre Bergland Finansavisen, after an increase in Nintendo’s share of nearly 90 percent over the past three weeks.

Several of DNB’s technology funds began buying up in Nintendo stocks in late June, and they have now earned 120 million kroner on the investment. The upswing can not only be credited the success of Pokémon Go, according Bergland.

Source: NTB scanpix / Norway Today

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