Danish financial group's wealth management unit attracts extraordinary inflows

Nykredit's asset management and fund management divisions attract significant inflows and have each grown by millions. While the group's acquisition of asset manager Sparinvest is partly responsible, organic growth is also a significant factor. And one competitor is challenged.

Nykredit Group CEO Michael Rasmussen. | Photo: Liselotte Sabroe/Ritzau Scanpix

Total assets under management at Nykredit Wealth Management have grown significantly in 2019.

The inclusion of fund company Sparinvest from September 1 is not the only reason for this. The company has seen organic growth through new assets from Danish and international professional clients as well as Private Banking Elite customers.

Read the whole article

Get 14 days free access.

No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Nasdaq reports record year in Europe

In 2021, the number of new equity listings on the Nasdaq exchange in Copenhagen broke the old record set in 2007, and in Stockholm, the exchange recorded its highest-ever number of new listings. Nasdaq also had increasing trading volumes last year.

Further reading

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch