Nykredit sees large growth in asset management business

The combination of new retail clients, mandates from institutional investors and tailwind on investments increased assets under management by 31 percent in 2017. Later in 2018, and despite current volatile markets, Denmark's Nykredit expects to increase its equity exposure, CIO tells AMWatch.

Danish financial institution Nykredit's assets under managment grew by 31 percent in 2017. | Photo: Arkiv/Ritzau Scanpix/Torben Christensen

By the end of 2017, Nykredit’s assets under management (AuM) had increased to around EUR 24 billion compared to twelve months earlier.

This is an increase of 31 percent.

In total, AuM grew by EUR 5.7 billion in 2017 of which EUR 4.5 billion was from sales.

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