Challenged Danish manager undergoes major transformation

Despite changes in strategy and employees, the decline of Formuepleje’s AUM continued at the start of 2023 due to clients selling out of their portfolios, the manager says in AMWatch’s summer series.

Peter Kjærgaard joined Formuepleje as CEO at the beginning of 2023. | Photo: PR/Formuepleje

BY AMWATCH

Danish asset manager Formuepleje has undergone a lot of changes in recent years. Its owners changed in 2021, with the family-owned Lars Larsen Group becoming the largest investor.

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Challenged Danish manager undergoes major transformation

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