Bankinvest to take over management of five investment funds

The EUR 17bn (DKK 126bn) Danish asset manager is taking over the management of five investment funds formerly owned by BIL and currently managed in Luxembourg.

Photo: Bankinvest/PR

Bankinvest will now manage investment association BIL Danmark's five investment funds, with total AUM of DKK 1.5bn (EUR 200m).

The deal comes into force on Aug 1. and applies to three mixed funds with different risk profiles and two global equity funds.

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