Legal claim saw DNB Asset Management's profit nosedive in Q1

DNB AM saw its home retail market share increase to more than a third following the launch of several new funds in Q1. The Norwegian asset manager's AUM was negatively impacted by corona.
Photo: Ints Kalnins/Reuters/Ritzau Scanpix
Photo: Ints Kalnins/Reuters/Ritzau Scanpix

DNB Asset Management's profit in Q1 totaled EUR 3.8 million compared to EUR 15.8 million in Q4 2019.

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