AMWatch

Sparinvest slashes fees as Nykredit merger synergies kick in

Altogether, Sparinvest's clients will pay roughly DKK 50m less due to economies of scale achieved with the group's merger with Nykredit. Sparinvest also boosts its product offerings.

"In reality, this is an expression of economies of scale achieved through the merger are now truly benefiting the financial groups' customers. So, as the CEO of Sparinvest. I'm very satisfied with that," Søgaard-Andersen explains. | Photo: Sparinvest/PR

Sparinvest cuts fees on a series of mutual funds, so its clientele will saved an estimated DKK 50m (EUR 6.72m), Sparinvest Chief Executive Jørgen Søgaard-Andersen tells AMWatch's sister media, FinansWatch.

"We have come a long way integrating Sparinvest into Nykredit, and now the financial groups' customers will be able reap the benefits, because together we are able to produce wealth management products of higher quality and at lower prices," he explains.

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