Resilience of retail savers surprises DNB: "We constantly get new clients"

The main driver for DNB AM’s inflow in Q3 was the persistence of Norwegian retail savers. The next driver might be money market funds, Håkon Hansen, head of wealth management at DNB, tells AMWatch.
Håkon Hansen has been group executive vice president of Wealth Management at DNB since 2019. | Photo: PR/DNB
Håkon Hansen has been group executive vice president of Wealth Management at DNB since 2019. | Photo: PR/DNB

Norwegian retail savers continue to defy economic circumstances and surprise the asset management leg of the country’s largest banking group, DNB, by sticking to saving schemes and setting up new accounts.

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