Helping investments in a foreign country, close to home
In Germany, billions of euros sit as cash holdings, and only one in seven German citizens owns own equities at all. But if German investors dedicate themselves to targeted equity purchases, they often use to three banks to ensure both diversification and competition, according to the German unit of Denmark's Sydbank.
BY LASSE SOLL SUNDE
Only 35 kilometers South from Sydbank and Sydinvest's headquarters in Aabenraa, close to the Danish-German border, one of Denmark's largest banks has placed one of its solid business arms.
Following in the footsteps of the University of Copenhagen, the Stockholm School of Economics will launch its own venture fund to support young companies, after running a start-up incubator for more than 20 years.