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DNB Asset Management reached AUM of EUR 66 billion in Q4

The asset management arm of major Norwegian Bank DNB presented a solid growth of 4.2 percent in assets under management in Q4 due to positive market development and booming net inflows. On a year-to-year basis, AUM have grown by 14.4 percent.

Photo: Ints Kalnins/Reuters/Ritzau Scanpix

Impressive net inflows of EUR 900 million (NOK 9.2 billion) into the asset management arm of DNB in the fourth quarter of 2019 contributed to AUM reaching as high as EUR 66 billion (NOK 668 billion) by the end of the year, according to new figures from DNB Asset Management.

The data was released with the year-end-report from the DNB group on 6 February.

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