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BankInvest struggles to sell newly launched Article 9 funds

Despite record marketing expenses and hype surrounding green investments, Danish asset manager BankInvest struggles to sell its newly launched green funds, CEO Lars Bo Bertram tells AMWatch.
Lars Bo Bertram (far right) participating in a debate about green investments at Denmark’s annual democracy festival Folkemødet. Here he told the audience about BankInvest's two newly launched Article 9 funds that are failing to attract capital. | Photo: Philip Madsen
Lars Bo Bertram (far right) participating in a debate about green investments at Denmark’s annual democracy festival Folkemødet. Here he told the audience about BankInvest's two newly launched Article 9 funds that are failing to attract capital. | Photo: Philip Madsen
by PHILIP MADSEN

A green equity fund and its sister bond fund managed by the DKK 150bn (EUR 20.1bn) asset manager BankInvest have had an unusually slow start on the Danish fund market. 

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