Net inflows continued at BankInvest in Q3 despite sluggish September

BankInvest is the first of the largest Nordic asset managers to reveal its AUM developments in Q3. Denmark's fourth-largest asset manager is still gaining market shares, although according to CEO Lars Bo Bertram, September was the first month with virtually no growth at all.

Lars Bo Bertram, CEO at BankInvest. | Photo: PR/Bankinvest

Danish asset manager Bankinvest saw assets under management grow by DKK 2.9bn (EUR 390m), or 2.1 percent, up to DKK 142.1bn (EUR 19.1bn) in the third quarter. Net inflows contributed DKK 2.3bn (EUR 309m), while returns added DKK 600m (EUR 80.6m).

"So far, it's been an outstanding year both for us and the business. September was the first month with virtually no growth at all," Lars Bo Bertram, CEO at BankInvest, tells AMWatch.

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