After impressive institutional sales in 2023 – BankInvest CEO predicts record year in 2024

Institutional sales more than made up for the fact that BankInvest’s core business, retail, saw outflows in Q4 and in the full year of 2023, CEO Lars Bo Bertram tells AMWatch.

Lars Bo Bertram has been the CEO of BankInvest since January 2015. In May, he will leave the Danish asset manager to become the CEO of IFU, the Danish Investment Fund for Developing Countries. | Photo: Pr/bankinvest

by ANNE LOUISE HOUMANN

Assets under management at BankInvest bounced back to the previous all-time high in 2021. In the fourth quarter of the year, Denmark’s fourth-largest asset manager saw an AUM increase of 6.4% or DKK 9bn (EUR 1.2bn) to DKK 148.6bn (EUR 19.9bn).

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Lars Bo Bertram on surprising Bankinvest exit: "I like money with a purpose"

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Front page now

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Further reading

Nordic institutional investors still see potential in beleaguered Swedish battery producer

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The list of money managers axing oil stocks just got longer

US manager sees Nordic clients return to EM equities due to "excessive concentration"

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Eight Nordic managers move up in global top 500 ranking