Danske is still lagging behind large Nordic peers in Q4

Denmark’s largest asset manager only recovered a small part of 2022’s AUM decline in Q4, and keeps lagging behind its Nordic peers, the bank’s year-end report reveals.
Danske Bank Asset Mangement is located in Lyngby in the northern suburbs of Copenhagen. | Photo: Mogens Flindt
Danske Bank Asset Mangement is located in Lyngby in the northern suburbs of Copenhagen. | Photo: Mogens Flindt

In the fourth quarter, Denmark’s largest asset manager hasn’t been able to follow its Nordic peers in the race to regain lost assets in 2022. 

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