Head of strategy at Jyske Bank sees scaling advantages in acquisition of PFA Bank

Jyske Invest has a considerably higher AUM than PFA Invest, and Head of Strategy at Jyske Bank Lars Mørch says that means they can manage the assets at a lower cost.
Lars Steensgaard Mørch sees great potential in incorporating PFA Invest into Jyske Bank's business. | Photo: Jyske Bank/pr
Lars Steensgaard Mørch sees great potential in incorporating PFA Invest into Jyske Bank's business. | Photo: Jyske Bank/pr
By Simon Lund Christiansen, translated by Daniel Pedersen

Jyske Bank’s acquisition of PFA Bank includes asset manager PFA Invest, which manages DKK 15.5bn (EUR 2.1bn) in assets.

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