Bankinvest CEO: Clients prefer index funds to bots

Getting customers interested in bots offering passive investment solutions is still an uphill battle two years after the first efforts were made - and this includes Bankinvest's bot Darwin. Bankinvest launched a passive equity fund last year which now manages more in assets than all Danish investment bots combined.

Lars Bo Bertram, CEO of Bankinvest | Photo: PR/ Bankinvest

It is now two years since Bankinvest sent Darwin, its expensive investment bot, onto the market. But while billions surged into Bankinvest in 2019, things are evolving more slowly for Darwin.

"So far, clients just don't like bots. We need to acknowledge that. But that might come later," says Bankinvest CEO Lars Bo Bertram.

Read the whole article

Get 14 days free access.
No credit card required.

An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

From utopian to center stage at PFA: "It's a challenge worth a proper fight. And trust me, it is not a walk in the park"

Is it possible to make a 180-year-old Swiss private bank significantly more sustainable in less than two years? Sasja Beslik believes so, having left J. Safra Sarasin to take the over the reins at Denmark's largest commercial pension fund, PFA. Even though only 1.5 percent of PFA's clients have opted for its climate product after more than a year on the market, it shouldn't become the mandatory savings product, he argues.

Further reading

Related articles

Trial banner

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch