Danske Bank WM sees profits decline – but AUM moves above 2019 year-end

After Q3, Danske Bank Wealth Management's AUM moves past 2019 year-end.

Danske Bank's wealth management unit generated a profit of DKK 459m in the third quarter, down from DKK 850m in Q2, driven primarily by a decrease in net fee income. For the first three quarters combined, profits landed at DKK 1,478m, down from DKK 2,999m in 2019.

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Danske Bank WM sees profits decline – but AUM moves above 2019 year-end

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Front page now

Nordic Alpha Partners reels in international investment giants for second fund

Norwegians are investing record amounts in funds

World's best EMD team still waiting for clients to return to Danske AM

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

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New Nordic high yield manager keeps attracting inflows

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Swedish FSA fines church pension fund for failing to limit investment risks

Danish pension fund drops drilling platform investments

Expansion of Nordic team has paid off: Inflows to all core products for US manager

Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

Expansion of Nordic team has paid off: Inflows to all core products for US manager