Sparinvest blasts past Nordic peers on AUM growth in H1

Nykredit's subsidiary Sparinvest saw assets under management increase by 20 percent in the first six months of the year, driven by inflows from all business segments. 

Peter Kjærgaard, head of Nykredit Wealth Management. | Photo: PR / Nykredit

Assets under management at Denmark's second-largest asset manager grew by 9.2 percent or DKK 34.1bn (EUR 4.6bn) to 305.8bn (EUR 41.1bn) in the first half of 2021. Most of this growth comes from subsidiary Sparinvest, which Nykredit acquired in 2019.

Assets under management at Sparinvest grew by 19.8 percent or DKK 22bn (EUR 3bn) to DKK 132bn (EUR 17.7bn) in the first six months of the year, Peter Kjærgaard, head of Nykredit Wealth Management, tells AMWatch.

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