Bond veterans launch "money market fund" to disrupt banks’ low deposit rates

The two founders of a new ”money market fund” know their product will compete with the banks in Denmark. Even without a distribution channel, they believe their new fund will ”sell like hotcakes.”

Jan Roland Thomsen and Casper Fries are the founders of Tordenskjold Invest. FairRENTE is their first fund. | Photo: PR / Tordenskjold Invest

by ANNE LOUISE HOUMANN

A new fund category is being introduced to Danish investors this week with the launch of a money market fund.

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AMWatch comparison: These Nordic asset managers had the best Q4 and 2023

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Nordic institutional investors still see potential in beleaguered Swedish battery producer

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Sampension and utility firm join forces to invest in solar plant