Fund Management

Danish financial group's wealth management unit attracts extraordinary inflows

Nykredit's asset management and fund management divisions attract significant inflows and have each grown by millions. While the group's acquisition of asset manager Sparinvest is partly responsible, organic growth is also a significant factor. And one competitor is challenged.
Nykredit Group CEO Michael Rasmussen. | Photo: Liselotte Sabroe/Ritzau Scanpix
Nykredit Group CEO Michael Rasmussen. | Photo: Liselotte Sabroe/Ritzau Scanpix
BY ANNE LOUISE HOUMANN, FINANSWATCH

Total assets under management at Nykredit Wealth Management have grown significantly in 2019.

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