Formuepleje makes investor exits more expensive amid heavy losses

The asset manager is increasing its redemption fee on 12 investment products as a result of losses, meaning it will be more expensive for investors to leave Formuepleje.
Søren Astrup, director and partner, Formuepleje | Photo: PR
Søren Astrup, director and partner, Formuepleje | Photo: PR
by jørgen rudbeck, translated by catherine brett

With losses of up to 34% on its bond funds so far in 2022, the year has not been plain sailing for Formuepleje or its investors.

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