Inflow boosted assets under management at Nykredit in Q1
Despite more assets under management, Nykredit Wealth Management’s contribution to total group profit fell to 8%.
Assets under management at Denmark’s second-largest manager increased by 5.8% in the first quarter, aided by net inflow from most client segments and positive returns. This is better than the other Danish managers that have reported Q1 so far, and only a tad behind the best-performing managers in Sweden, while Norwegian Storebrand takes a solid lead.
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