Integration of Handelsbanken dampens Jyske Capital AUM growth in Q1

Things look better below the surface, head of Jyske Capital, Henning Mortensen, tells AMWatch. Institutional net flow has been volatile while private banking continues to perform. 
Henning Mortensen, head of Jyske Capital. | Photo: Pr / Jyske Bank
Henning Mortensen, head of Jyske Capital. | Photo: Pr / Jyske Bank

Denmark’s third largest asset manager increased its assets under management by 1.8% in the first quarter, which is in the lower end compared to its Nordic peers. But beneath the surface, things actually look better, argues head of Jyske Capital Henning Mortensen.

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