DNB Asset Management's AUM boosted by retail inflow in Q4

AUM at DNB Asset Management grew by 11 percent in 2020, with the largest net inflow stemming from retail clients. 

DNB's Headquarters in Bjørvika, Oslo. | Photo: PR/DNB

(Corrected Feb.10 at 11:22 CET: The subheader has been changed as the 11-percent AUM increase was for the whole year of 2020, not just for Q4. We apologize for the misinformation)

The asset management unit of Norway's by-far largest bank reported an increase of 11 percent in assets under management to NOK 742bn (EUR 72.56bn), of which NOK 298bn (EUR 29.2bn) stems from DNB Livsforsikring Group.

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