AMWatch

Market turmoil has erased two years of AUM gains at Danske Bank AM

Denmark’s biggest asset manager followed its Nordic peers downwards as the financial market havoc took a significant hit on the firm’s assets under management in the second quarter.

Photo: Thomas Borberg/Digital foto

Denmark’s biggest banking group came out of the second quarter with assets under management shrinking by 8.63%, or from DKK 770.8bn (EUR 103.6bn) to DKK 704.3bn, (EUR 94.6bn), in the second quarter.

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

Wide range of AUM declines among Nordic asset managers in Q2

Q2 OVERVIEW: Although the three best-performing Q1 managers have yet to release figures for this period, AMWatch’s preliminary overview suggests that the results are reflective of local market conditions, where two countries had a clear advantage.

CEO appoints new J. Lauritzen investment team

Kristian Mørch, the former CEO of Odfjell and current CEO of investment firm J. Lauritzen, has already constructed his new team, which involves both shipping and investment industry professionals.

Further reading

Related articles

Latest news

AMWatch job

See all jobs

See all jobs

Watch job

See all jobs

See all jobs

Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch