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Miranova: ETFs gain traction on Danish retail market

Both the supply and demand curves for passive investment products, such as Exchange Traded Funds (ETFs), for Danish retail clients have moved, according to the long-time proponent of passive investment.

Rune Wagenitz Sørensen is citited more than 1.000 times in Danish media, often critizing mutal fund's costs and returns. | Photo: LARS KRABBE

The supply of passive investment products on the Danish retail market has soared in recent years. Among them are Danske Bank's June and Bankinvest's Darwin, to name a few.

The same goes for client demand, which has grown steadily in the past decade, according to Rune Wagenitz Sørensen, founder and CEO of Danish wealth management firm Miranova.

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