Danske sees small inflows but lags behind Nordic peers on AUM growth

After two consecutive quarters with net outflows, Danske Bank Asset Management has started generating positive net sales again, Denmark’s largest asset manager’s Q1 report shows. 
Danske Bank Asset Mangement is located in Lyngby, a suburban town north of Copenhagen. | Photo: PR/ Danske Bank
Danske Bank Asset Mangement is located in Lyngby, a suburban town north of Copenhagen. | Photo: PR/ Danske Bank

In the first three months of 2023, Denmark’s largest asset manager, Danske Bank Asset Management, has started to regain some of the assets lost through last year, albeit at a slower pace than most of its Nordic peers. 

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