Head of DNB WM sees a new super trend in the retail segment

Inflow from the retail segment has become even stronger in Q1 at Norwegian DNB, where the head of Wealth Management Håkon Hansen sees a new savings "super trend" of what he calls "sticky money".

Håkon Hansen, group executive vice president and head of Wealth Management at DNB. | Photo: PR/DNB

Last year's strong inflows from the Norwegian retail market have not just continued for the asset management unit of Norway's largest banking group DNB; they have been even stronger in the first quarter of 2021.

"I'm very pleased with the inflow in the first quarter. We saw a total net inflow of NOK 25.3bn (EUR 2.5bn) of which NOK 9bn (EUR 910m) came from the retail segment – that's a record high level," Håkon Hansen, group executive vice president and head of Wealth Management at DNB, tells AMWatch.

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