Danish asset manager increased AUM in 2020 – but less than domestic competitors

Assets under management at Jyske Capital grew by DKK 4bn in 2020 with positive net sales from both retail and professional clients, the bank writes in its full-year report, released Tuesday.

Signs outside one if Jyske Bank's branches in Copenhagen. | Photo: Nikolaj Skydsgaard/Reuters/Ritzau Scanpix

Jyske Capital, the asset management arm of Denmark's third-largest bank, increased its asset under management by 2.3 percent – or DKK 4bn – to DKK 175bn (EUR 23.5bn) in 2020.

"Net sales from retail customers in the Danish business are overall positive for 2020, which also involved a continued inflow from professional clients," writes Jyske Bank in its full-year financial statement, released Tuesday morning.

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