AMWatch

Giant foundation shuns tenders: "Asset management a question of trust"

Some of the Nordic region's biggest fortunes are placed in foundations -- and require investment. One of the very largest of those reveals it has opted not to use formal tenders when selecting money managers, nor to benchmark management fees. "Asset management is a question of trust," says the Chairman of Denmark's giant Carlsberg Foundation.

Fleming Besenbacher, Chairman of the EUR 4.1 billion Danish charitable Carlsberg Foundation. Photo: Carsten Bundgaard/Polfoto

Log in to read our articles

Welcome to AMWatch. A part of our content is exclusive and reserved for our users.

Try us for 14 days

Try a trial subscription for access to our quality journalism

Related articles

amwatch trial

Latest news

Jobs

See all

See all

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch