AUM drops slightly as DNB AM attracts solid inflows in Q3

Net Inflows from both the retail and institutional segmentss aided the decline in assets under management at Norway’s second-largest asset manager DNB.
DNB Asset Management is the second largest asset manager in Norway and is a part of the DNB Group which is the largest banking group in the Nordic country. | Photo: PR/ DNB
DNB Asset Management is the second largest asset manager in Norway and is a part of the DNB Group which is the largest banking group in the Nordic country. | Photo: PR/ DNB

DNB Asset Management attracted healthy inflows and continued to grow its market share in the Norwegian retail mutual fund market in the third quarter, while assets under management took a tiny drop. 

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