Value styles form main factor for Nykredit WM's lagging AUM

With value strategies being a significant investment style in both Nykredit Wealth Management and recently acquired Sparinvest, this is the main reason for assets under management lagging behind competitors, CEO Peter Kjærgaard tells AMWatch. For Q4, he expects net sales to continue to grow.

Peter Kjærgaard, CEO at Nykredit Wealth Management, part of Denmarks largest mortgage bank group Nykredit. | Photo: PR / Nykredit

As one of the Nordics' large asset managers, Nykredit Wealth Management is still lagging behind the year end-2019 in terms of AUM.

After Q3, AUM was at DKK 332.4bn (EUR 44.6bn), which is DKK 4.3bn (EUR 457m) below the DKK 335.8bn (EUR 45.1bn) at year-end.

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