AMWatch

Danish fund sales rose in July following a June slumber

Sparinvest took the lead with the highest inflow, while Danske Invest saw the highest outflow. But there is a good explanation for the latter, according to Investment Specialist.

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Danish investors purchased mutual funds for EUR 129.5m in July, according to new data released by lobby organization Finansdanmark. In comparison, investors divested funds totaling EUR 179m in June.

Last month’s top-selling provider was Sparinvest at EUR 98.4m, followed by Formuepleje and Jyske Invest.

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