Alliance Capital Management has picked Den norske Bank as the exclusive Norway distributor of its 22 Luxembourg-domiciled offshore mutual funds.

Initially just five of the ACM funds -- including the American growth, European growth, and international health-care portfolios -- will become available next month through brokers in Norway on a solicited basis only. The New York company's entire menu of ACM funds had been available through brokers there on an unsolicited basis only.

Subscribe Now

Access to authoritative analysis and perspective and our data-driven report series.

14-Day Free Trial

No credit card required. Complete access to articles, breaking news and industry data.