Jyske Capital saw an increased AUM drop in Q2

While Jyske Capital was aided by satisfactory returns and inflow in Q1, assets under management saw an increased decline during the second quarter of the year.

Jyske Bank and Jyske Capital is headquarted in Silkeborg. | Photo: PR/Jyske Bank

Assets under management at Denmark’s third largest asset manager Jyske Capital declined by 7.5% in the second quarter.

”Assets under management fell to DKK 185bn [EUR 24.9bn, -ed.] from DKK 200bn [EUR 26.9bn, -ed.], primarily as a result of the development in financial markets,” writes Denmark’s third largest banking group in its Q2 report released Tuesday morning.

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