Danske Invest outflows match Jyske Invest inflows in 2017

Danske Invest and Jyske Invest are the two Danish fund managers to see the biggest fluctuations in net capital flows in the first nine months of this year. AMWatch reports on the gains and losses and asks the firms to explain.

Photo: Danica

Danske Invest and Jyske Invest saw a net outflow of DKK 13.4 billion (EUR 1.8 billion) and a net inflow of DKK 15.1 billion, respectively, in the period from January 1 to the end of October, according to the latest market statistics from Danish industry association Finans Danmark.

But while it may look as if the money from Danske Invest has flowed directly into Jyske Invest -- that is not the explanation.

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