AMWatch

Sales pick up at Jyske Capital after slow start to the year

Retail sales at Denmark's third largest asset manager have already started to pick up over the first quarter, and head of Jyske Capital, Henning Mortensen, is optimistic for the rest of the year, he tells AMWatch.

Henning Mortensen, head of Jyske Capital. | Photo: PR / Jyske Capital

The asset management arm of Denmark's third-largest bank got off to a slow start in 2021. Assets under management increased by 1.7 percent to DKK 178bn (EUR 24bn), putting Jyske Capital behind most Nordic peers.

"In terms of sales, we have had a bit of a slow start to the year, but we can see that retail sales have been picking up over the quarter. That makes us pretty optimistic, and we expect an even stronger development for the rest of the year," Henning Mortensen, head of Jyske Capital, tells AMWatch.

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