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Danish manager lost one-third of its AUM last year

In a year of major changes for Danish asset manager Formuepleje, the company’s profit and AUM saw a huge drop.
The office building of Formuepleje at Tuborg Havn in Hellerup, Denmark. | Photo: PR/Formuepleje
The office building of Formuepleje at Tuborg Havn in Hellerup, Denmark. | Photo: PR/Formuepleje
by PHILIP MADSEN

Danish independent asset manager Formuepleje started off 2022 with an AUM of DKK 130.7bn (EUR 17.4bn). By the end of the year, the figure was down by 33.8% to DKK 86.6bn (EUR 11.5bn), the company’s annual report shows. 

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