C Worldwide changes strategy and drops Danish equity fund

The future is uncertain for C Worldwide's fund "Danmark". The asset manager will no longer offer management of Danish equities. As a result, the Danish fund arm of asset management group Carneo is now discouraging new investors from investing in the fund, and plans to inform further about the future of the fund on March 23. 

Photo: C Worldwide/PR

C Worldwide now warns new investors not to inject new capital into its investment fund 'Danmark' because the asset manager will no longer manage Danish equities.

Instead, C Worldwide, which is part of Stockholm-based asset manager group Carneo, has decided to concentrate its efforts on global strategies, informs a statement from chairman, Karsten Kielland, submitted to the Copenhagen Stock Exchange Wednesday.

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