"Highly satisfactory positive growth" from subsidiary Sparinvest reduces Nykredit's AUM drop

Nykredit Wealth Management reports ”highly satisfactory positive growth” in the assets of subsidiary Sparinvest during the challenging first quarter of 2022.

Nykredit's headquarters in Copenhagen. | Photo: Thomas Borberg

Denmark’s second-largest asset manager has fared better than the other major Nordic managers who have published Q1 reports.

On Thursday morning, Nykredit reported a decline in assets under management of just 2.5 percent, leaving the firm with an AUM of DKK 427bn (EUR 57.4bn) at the end of the quarter.

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