Danske Capital on finding a platform for success
Danske Capital’s senior analyst Allan Møller describes how he looks for funds that meet the requirements of not one, but four different platforms.
Allan Møller has 15 years’ industry experience, ten of which he has spent in fund research. He joined Danske Capital in 2006 and focuses primarily on mutual funds, with which they service the wealth management part of the Danske Bank Group. The wealth management business is focused mainly on retail clients.
“All in all, we are responsible for about €6bn in funds, covering both internal and external funds,” he says.
A key driver of Møller’s work is the fact he must engage with different fund platforms within the same group.
“The different fund platforms are cornerstones in what Danske Capital Fund Selection does. There are four platforms operating for different client sets: one global platform for Norway, Sweden and Luxembourg; one for Denmark; one for the UK; and one for Danica, the pension fund arm of Danske Bank.”
The majority of funds are actively managed, but Møller does also rely on a few index funds. “Currently, we are working with the opportunities to expand the fund platforms with a range of ETFs.”
Møller stresses that this is a work in progress, but it is likely to start with commodities ETFs and major indices if and when it happens.