AMWatch

Danske's Wealth Management shows net outflow of DKK 9.6 billion

Assets sales are dwindling at Danske Wealth Management. Net sales ended with an outflow of DKK 9.6 billion in the first three quarters of 2018 -- as opposed to a net inflow last year.

Photo: PR Danske Bank

Chances are that head of asset management in Danske Wealth Management, Henrik Gade Jepsen, is less than content with sales of assets in the first three quarters of 2018.

Danske Bank says it saw an outflow of DKK 9.6 billion (EUR 1.3 billion) versus a net inflow of DKK 11 billion (Euro 1.5 billion) in the first three quarters last year in the bank's wealth management unit.

Already a subscriber? Log in.

Read the whole article

Get access for 14 days for free.
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Pensions sector responds to "unnuanced" carbon report

In a new report, NGO Mellemfolkeligt Samvirke criticized the pension sector for its DKK 22bn investments in fossil fuel expansion. An industry organization has now responded, saying the report ignores the complicated nature of the issue.

Further reading

Related articles

Latest news

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch