Danske AM CEO still waiting for net inflows to pick up

Net inflows at Danske Bank Asset Management were positive in Q1, but most of the 3 percent AUM increase came from the market. CEO Christian Heiberg's hopes for an increase in inflows are still intact, he tells AMWatch.

Christian Heiberg, CEO of Danske Bank Asset Management. | Photo: Danske Bank/PR

In the last quarter of 2020, Christian Heiberg, the CEO of Danske Bank Asset Management, was expecting inflow from retail clients to pick up – but after Q1, he is still waiting.

"I had expected to see more inflow now. But ultimately, it's the customers' decision. We can advise them and show them what's on our shelves, but in the end, it's their decision, and it's taken longer than I expected," Heiberg tells AMWatch.

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