Mutual fund investments in Denmark exploded during corona crisis

Negative deposit interest rates combined with less consumer consumption during the corona crisis may have led more Danes to increase their fund investments, according to an analysis by the Danish Central Bank.

Photo: Spar Nord/PR

Since August 2020, Danes have invested DKK 32bn (EUR 4.3bn) in mutual funds, the Danish Central Bank Nationalbanken reports.

In the period from 2018 until the the end of the second quarter of 2021, the total figure for new investments in mutual funds by Danes was DKK 50bn (EUR 6.7bn), suggesting there has been a rapid increase in the past 12 months.

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