A part of Watch Media

AMWatchFriday27 January 2023

  • Search
  • Log in
  • Fund Management
  • Pension
  • Responsible Investing
  • People
  • Search
  • Log in
  • Latest
  • Search
  • Log in
  • Fund Management
  • Pension
  • Responsible Investing
  • People
15/10/2018at 13:33

Volume-boosting fund for small and midcaps kicks off with DKK 100 million

Alongside the Danish Growth Fund, Bankinvest has launched a new equity fund that is to invest in small and midcap companies outside the OMXC25 index. With half of the new capital coming from private sources, an initial total of DKK 100 million (EUR 13.4 million) is flowing into the fund.
Lars Bo Bertram, CEO of Bankinvest.
by JULIE SØLTOFT

Bankinvest launched its new equity fund, Small Cap Danske Aktier, last week, which is to invest in small and midcap companies that are not components of the Danish blue chip OMXC25 index.

With the subscription period now at an end, DKK 100 million in total is to be invested in Danish start-ups, Bankinvest writes in a company announcement.

Fifty percent of the money is coming from the Danish Growth Fund, and the other 50 percent from private investors – a range of 221 customers from financial institutions, according to the announcement.

"Small Cap Danske Aktier is an exciting new product we offer to private banking and other wealthy private investors. Our financial institutions have done a remarkable job promoting the product to relevant customers. The result is satisfactory, especially in the light of the adverse Danish equity market", says Lars Bo Bertram, CEO of Bankinvest, in the announcement.

Despite the negative trend in Danish equities since August, Bankinvest still believes in the growth and earnings potential of Danish listed companies, the firm stresses.

"Important to have good platform"

Bankinvest expects the new equity fund to obtain more capital from private investors next year, with the Danish Growth Fund also contributing. As soon as the fund reaches DKK 300 million of capital from private investors, the Danish Growth Fund will invest DKK 200 million. The fund has a capacity limit of DKK 800 million.

"It's positive that Small Cap Danske Aktier invests in the Danish start-ups, so we get more solid listings. It will boost equity trading in general, and the interest in small companies in the long term", says Rolf Kjærgaard, CIO of the Danish Growth Fund, in the announcement and adds that the Danish Growth Fund is a long-term investor.

In September, Bertram told the business daily Børsen that it is important to have a good platform for small and medium-sized companies if they want to be listed.

"For me it is unnatural for a Danish company to want to be listed in Sweden. It would be nice if it stayed in Denmark instead," he told Børsen.

English Edit: Lisa Castey Hall Nielsen

Sign up for our newsletter

Stay ahead of development by receiving our newsletter on the latest sector knowledge.

!
Newsletter terms

Front page now

Speed is of the essence when launching new investment products, CFO Masih Yazdi says. | Foto: PR / SEB
Fund Management

SEB aims for speedy product launches to make up for huge AUM drop in 2022

The loss of a SEK 50bn mandate affected SEB’s AUM performance last year. Looking ahead, CFO Masih Yazdi believes that alternatives and fixed income will be important investment areas.
  • Slight recovery in SEB’s AUM in fourth quarter – but outflow continues
  • SEB's assets under management down by 25% this year: "We haven’t seen the inflows we think we should see"

For subscribers

Maunu Lehtimäki, CEO of Evli. | Foto: PR Evli.
AMWatch

Alternative sales grow and net flows start to stabilize at Finland's Evli

For subscribers

Karl C. W. Mathisen fills position as CEqO at Folketrygdfondet on Feb. 1. | Photo: Folketrygdfondet
People

Folketrygdfondet finds new head of equities in own ranks

For subscribers

Michael Probst/AP/Ritzau Scanpix
Responsible Investing

Global clean-energy investments match fossil fuel for the first time

For subscribers

Archive. Financial district Barcode in Bjørvika, Oslo. | Photo: Jörgen Skjelsbæk
Fund Management

Here is how Norwegian fund managers performed in 2022

For subscribers

Solar energy is the core focus of four Danish pension firms' investments in California. | Foto: Jens Dresling
Responsible Investing

Pension firms invest in US solar energy project

For subscribers

Further reading

Archive. Financial district Barcode in Bjørvika, Oslo. | Photo: Jörgen Skjelsbæk
Fund Management

Here is how Norwegian fund managers performed in 2022

Assets under management from Norwegian-registered fund managers fell by almost 8.2% in total in 2022, but differences among individual managers are vast.

For subscribers

Speed is of the essence when launching new investment products, CFO Masih Yazdi says. | Foto: PR / SEB
Fund Management

SEB aims for speedy product launches to make up for huge AUM drop in 2022

The loss of a SEK 50bn mandate affected SEB’s AUM performance last year. Looking ahead, CFO Masih Yazdi believes that alternatives and fixed income will be important investment areas.

For subscribers

Maunu Lehtimäki, CEO of Evli. | Foto: PR Evli.
AMWatch

Alternative sales grow and net flows start to stabilize at Finland's Evli

In 2022, the sales of Evli’s alternative investment products saw notable growth with fee income from this product range increasing by 50%. CEO Maunu Lehtimäki evaluates the company’s annual results.

For subscribers

Latest news

  • SEB aims for speedy product launches to make up for huge AUM drop in 2022 – 10:42
  • Alternative sales grow and net flows start to stabilize at Finland's Evli – 10:27
  • Folketrygdfondet finds new head of equities in own ranks – 09:37
  • Global clean-energy investments match fossil fuel for the first time – 07:50
  • Here is how Norwegian fund managers performed in 2022 – 26 Jan
  • Morgan Stanley fines its bankers over messaging breaches – 26 Jan
  • Slight recovery in SEB’s AUM in fourth quarter – but outflow continues – 26 Jan
  • Deutsche Bank fund unit doubles down on ETF target amid outflows – 26 Jan
  • Pension firms invest in US solar energy project – 26 Jan
  • BNY Mellon launches EMD impact fund as issuances take off – 26 Jan
See all

Jobs

  • Porteføljemanager til danske ejendomme i PenSam

  • PenSam søger en jurist med interesse for den finansielle sektor

Watch Jobs

  • Salesforce-udvikler eller -arkitekt

  • Senior Porteføljemanager

  • Tilbudschef - NCC Renovering Vest

  • Business Change Manager til implementering af fremtidens togs uddannelsesprojekter

  • Business Intelligence Specialist

See all jobs

Jobs

  • Porteføljemanager til danske ejendomme i PenSam

  • PenSam søger en jurist med interesse for den finansielle sektor

See all jobs

Colophon

AMWatch
Search

Sections

  • Fund Management
  • Pension
  • Responsible Investing
  • People
  • Sitemap
  • RSS feeds

Editor

Anne Louise Houmann

alh@amwatch.dk

Tel.: +45 2830 5142

Editor-in-chief

Anders Heering

Publisher

JP/Politiken Media Group Ltd

Advertising

annoncering@infowatch.dk

Tel.: +45 7077 7491

Advertising

Job Advertising

job@infowatch.dk

Tel.: +45 7077 7491

Jobs

Subscription

Try AMWatch or get an offer for a subscription meeting the exact needs of you or your company.

amwatch@infowatch.dk

Tel.: +45 7077 7491

Learn more about subscriptions here

Address

AMWatch

Rådhuspladsen 37

1785 Copenhagen K, Denmark

Tel.: +45 3330 8382

Guidelines

  • Privacy Policy

Copyright © AMWatch — All rights reserved

Microsoft is in the process of discontinuing Internet Explorer – and so are we.
For a better experience, we recommend using one of the following browsers.

Kind regards,
AMWatch

Google ChromeMozilla FirefoxMicrosoft Edge