2019 was a good year for investments, but that does not entirely explain the EUR 642 million (DKK 4.8 billion) growth in Sparinvest's 20 passive investment funds, which totaled EUR 2.4 billion (DKK 18 billion) by the end of the year.
Retail investors in particular have had their eyes opened to index funds, putting EUR 281 million (DKK 2.1 billion) in new investments into Sparinvest's passive universe, Sparindex. Investments in the 20 passive funds are pegged to an agreed share index.
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