Institutional inflow returns to Nykredit as big-tech mania cools off

A greater proportion of mandates are going to passively managed strategies as institutional investors are increasing their focus on costs, says CEO of Nykredit Asset Management Ralf Magnussen..

Ralf Magnussen is the CEO of Nykredit Asset Management. | Photo: PR/APPension

by PHILIP MADSEN

Nykredit Wealth Management’s equity allocation made it harder for the Danish manager to win mandates during 2023, but this was quickly reversed at the beginning of the new year.

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Institutional inflow returns to Nykredit as big-tech mania cools off

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Nykredit WM sticks to “Magnificent Seven” approach despite negative effects on returns and mandates

Nykredit WM reports "decent" quarter after snapping up higher inflows than competitors

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Front page now

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The list of money managers axing oil stocks just got longer

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Ignore the ‘AI revolution’ at your own peril, global investors warn

Further reading

Nordic institutional investors still see potential in beleaguered Swedish battery producer

World's best EMD team still waiting for clients to return to Danske AM

US manager sees Nordic clients return to EM equities due to "excessive concentration"

Storeband increases stake in Danish infrastructure manager to become majority owner

The list of money managers axing oil stocks just got longer

Eight Nordic managers move up in global top 500 ranking