AMWatch

BankInvest aided by alternative fund launch in Q2

Despite AUM dropping further in the quarter, BankInvest CEO Lars Bo Bertram points to what he calls a ”nice net inflow.”

Lars Bo Bertram, CEO at BankInvest. | Photo: PR/Bankinvest

BankInvest saw assets under management drop by 5% in the year’s second quarter. Denmark’s fourth-largest asset manager only publishes full-year reports but reveals quarterly developments exclusively to AMWatch.

So far, only SEB and Storebrand have also reported Q2 figures, and while Storebrand has fared better with an AUM decline of 3.6%, SEB has seen assets under management drop by a whopping 13.7% in the second quarter.

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