Outflows dominated Danish retail fund market in Q3, but two managers bucked the trend
Almost all Danish fund managers experienced outflows from their retail funds in Q3, which was characterized by huge fluctuations in financial markets. Just one of the large players and one new face managed to attract inflows.
by aske muff, translated by catherine brett
Q3 was a tough period for Danish fund managers, with the vast majority forced to look on as retail clients withdrew funds during a time where sky-high inflation and increasing interest rates have led to choppy financial waters.
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