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Global Evolution boosts bottom line following year of strong inflow

Danish frontier market specialist adds millions of kroner to its bottom line, which is already well over DKK 100m despite a difficult investment year.

Photo: Global Evolution/PR

Global Evolution, an asset manager based in Kolding, Denmark, is making more money, reports local media Jydskevestkysten, adding that the company’s pre-tax earnings have increased by nearly 10 percent to DKK 142m.

Global Evolution manages assets worth around DKK 166bn and invests in developing countries through government bonds. And, according to Chief Investment Officer and Co-founder Morten Bugge, the company expects an even better result this year, compared to 2018.

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