AMWatch

Investors pile into passive equity funds in Denmark

In the first nine months of the year investors have acquired passive investment funds at the expense of active equity funds, according to Denmark's central bank.

Photo: Danmarks Nationalbank

Sales of passive investment funds have gained momentum in Denmark, according to an announcement from the country's central bank.

In the first nine months of the year, investors acquired DKK 13.9 billion (EUR 1.86 billion) of passive equity funds. By comparison, investments in active equity funds amounted to DKK 1.3 billion (EUR 174 million), the bank revealed.

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