OP Group headquarters, Helsinki. | Foto: OP Group PR.

OP's AUM growth slows down slightly in Q2

OP Financial Group's mutual funds' AUM increased in Q2, though at a slower pace than in Q1. For the first half year of 2021 as a whole, the bank's mutual funds have attracted more than 100,000 new unitholders.

Danica gets premium income boost but loses out on insurance

During the first half of 2021, gross premiums paid to Danske Bank's pension arm have increased by 30.2 percent compared to the same period last year. However, the company still reports a deficit for its illness and accident insurance business.

Crypto hedge fund started by Danes expands team in Cyprus

Cryptocurrency hedge fund ARK36, founded in Cyprus by a Danish team led by Ulrik K. Lykke, is expanding its investment team based in Larnaca. Loukas Lagoudis is joining the company as Executive Director and Socrates Minas as Investor Relations Manager.

Danske still lagging behind peers on AUM growth

Danske Bank has the lowest AUM increase among the Nordic asset managers who have reported Q2 results. According to the bank's new CEO, Danske's financial scandals are still weighing on customer sentiment.

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