New business focus makes Nykredit ditch some of its customers

The portfolio administration firm of Denmark’s second largest asset manager is focusing its business model and expects to end some client relationships. 
Erling Skorstad, CEO of Nykredit Portfolio Administration. | Photo: Pr/ Nykredit
Erling Skorstad, CEO of Nykredit Portfolio Administration. | Photo: Pr/ Nykredit

Nykredit Portfolio Administration (Nykredit Portefølje Administration), which handles middle and back office operations tied to the administration of investment fund companies and asset owners’ assets, will adjust its business model. 

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