Danske blames debt team's departure for Q3 outflows

After a challenging Q3, head of Danske Bank AM, Christian Heiberg, tells AMWatch why he is optimistic about the opportunities to generate positive net flows again.

Christian Heiberg, head of Danske Bank Asset Management. | Photo: Danske Bank/PR

by ANNE LOUISE HOUMANN

When Danske Bank Asset Management lost its successful Emerging Markets Debt Hard Currency (EMD HC) team near the end of Q2, head of Asset Management Christian Heiberg told AMWatch that outflows would happen.

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Danske blames debt team's departure for Q3 outflows

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Danske Bank records big AUM drop in Q3

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager

Front page now

Nordic Alpha Partners reels in international investment giants for second fund

Norwegians are investing record amounts in funds

World's best EMD team still waiting for clients to return to Danske AM

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Ignore the ‘AI revolution’ at your own peril, global investors warn

New Nordic high yield manager keeps attracting inflows

KLP excludes US construction supplier over Gaza connection

Swedish FSA fines church pension fund for failing to limit investment risks

Danish pension fund drops drilling platform investments

Expansion of Nordic team has paid off: Inflows to all core products for US manager