Former Chair of Danske Bank invests in ex-ATP CIO's new asset management company

Former Chief Investment Officer of Danish public pension fund ATP Bjarne Graven Larsen has great ambitions on behalf of his asset management company QBlue Balanced. Several well-known professionals from Danish businesses have invested in the company – including dethroned Chair of Danske Bank Ole Andersen.

Former Chair of Danske Bank Ole Andersen. | Photo: Stine Bidstrup/Ritzau/Ritzau Scanpix

The dream is to create a large global asset manager specialized in alternative risk premia on Danish soil. At this stage, a number of prominent Danish business professionals have allocated assets to QBlue Balanced founded by Bjarne Graven Larsen, writes Danish business media Finans.

Former Chair of Danske Bank Ole Andersen is not the only well-known banker from Danske Bank to have joined the new asset management company. The bank's former Head of Markets Jens Peter Neergaard, often simply referred to as "JP", has invested in the company, too.

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