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Danske Invest rearranges US funds after unsatisfying performance

Danske Invest's US equity funds have not lived up to expectations, according to investment specialist.

Photo: Bryan R. Smith/AFP / AFP
BY MAIKEN REIMER RØNNEBERG
Published:

In late 2020, Danske Bank's fund company Danske Invest rearranged its three actively managed US funds to index funds, writes Danish news daily Børsen.

"The rearrangement to index is a consequence of the fact that in the US market we have not been able to deliver satisfying results," Danske Invest investment specialist Kim Thelle Pilgaard tells the newspaper.

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