DNB's new Nordic small cap fund attracted German mandate in Q3

Strong institutional inflow and retail customers sticking to their savings schemes, along with a more favorable domestic stock market, have helped DNB get ahead of its Nordic peers in terms of AUM development in the third quarter.

Håkon Hansen, head of DNB Wealth Management. | Photo: PR / DNB

by ANNE LOUISE HOUMANN

A ”prestigious” mandate from a German institutional investor helped curb the decline in assets under management at Norway’s largest banking group.

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Institutional sales curbed DNB’s AUM decline in Q3

DNB Asset Management strengthens distribution team

Head of DNB WM: It's a decent quarter

Sign up for our newsletter

Front page now

Nordic Alpha Partners reels in international investment giants for second fund

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager