DKK37bn to funds in H1, reports IFB

The Danish Investment Fund Association (IFB) has reported figures suggesting Danish retail investors put a net DKK37bn (€4.96bn) into investment funds through the first half of 2015, including some DKK20.5bn in reinvested dividends from their so called investment associations.

Total assets of this investor group gained some DKK59bn on a net basis through the period, reaching DKK750bn by the end of June. Overall, the industry is managing some DKK1.848trn (€248bn) on behalf of Danish retail and institutional investors and foreign investors.

Funds invested in foreign bonds were most popular, with net sales of DKK15.5bn to retail investors. Global equities were the most popular of equity assets, attracting DKK6.3bn in net sales. However, these investors have been net sellers of all other equity classes, meaning overall net equity sales were lower at DKK3bn.

Equity funds have overall offered strong returns to investors so far in 2015, the IFB said. The average Danish equity fund has returned 23.7% against 12.7% for global equities. Bond funds apart from emerging markets debt have given investors a negative return on average over the first six months of the year.

Jonathan Boyd
Editorial Director of Open Door Media Publishing Ltd, and Editor of InvestmentEurope. Jonathan has over two decades of media experience in Japan, Australia, Canada and the UK. Over the past 17 years he has been based in London writing about funds and investments. From editing the newsletter of the Swedish Chamber of Commerce in Japan in the 1990s he now focuses on Nordic markets for InvestmentEurope. Jonathan was awarded Editor of the Year at the Professional Publishers Association (PPA) Independent Publisher Awards 2017. Shortlisted for the same in 2016, he was also shortlisted in 2017 and 2015 for the broader PPA Awards category Editor of the Year (Business Media).

Read more from Jonathan Boyd

Close Window
View the Magazine

I also agree to receive editorial emails from InvestmentEurope
I also agree to receive event communications for InvestmentEurope
I also agree to receive other communications emails from InvestmentEurope
I agree to the terms of service *

You need to fill all required fields!