Novo Nordisk's investment firm sees worst result in 11 years

Difficult market circumstances severely damaged Novo Holdings’ investments last year as 80% of net income vanished when compared to 2021.

Kasim Kutay, CEO of Novo Holdings. | Photo: Novo Holdings / Pr

by christopher due karlsson, translated by katrine gøthler & christian radich hoffman

Following a number of particularly rewarding years, Novo Holdings’ financial statement for 2022, disclosed on Wednesday, reveals the company’s worst result in more than ten years.

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Novo Nordisk's investment firm sees worst result in 11 years

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NBIM CEO admits early concern about possible ‘record losses’ when he took over oil fund

After a turbulent year, AP3 takes the lead as best performing Swedish buffer fund

Sign up for our newsletter

Front page now

Nicolai Tangen is a huge fan of the Women in Finance Charter but stresses that promotions must be fair

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Further reading

Only one Nordic fund market increased its AUM in August

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BankInvest to optimize investment processes with new hire

ATP's investment portfolio has shrunk by DKK 33bn - associate professor finds it "mysterious"

Jobs