Better than expected performance from China helped funds invested in the Far East produce strong monthly returns for investors in Denmark through July, according to the latest monthly figures published by the Danish Investment Fund Association (IFB). Investors in local listed fund shares (‘investeringsbeviser’) that in turn invest in the Far East saw monthly returns […]
The Danish Investment Fund Association (Investeringsfondsbranchen, IFB) is the new name for the trade association representing collective investment schemes in Denmark.
InvesteringsForeningsRådet, the Federation of Danish Investment Associations, has noted that fiscal authorities in Denmark may be looking to another bumper year of revenue from taxes on pension savings.
The Federation of Danish Investment Associations has said that local investors saw particular benefits from equity returns through July.
Figures published by The Federation of Danish Investment Associations suggests DKK46bn (€6.1bn) worth of investments were made into the vehicles in the first half of 2013.
Analysis of returns from some 450 Danish Investment Associations – listed funds represented by the Federation of Danish Investment Associations (InvesteringsForeningsRådet) suggests US equity investments were the best investment to make through the first half of 2013.
The Federation of Danish Investment Associations (InvesteringsForeningsRådet), has countered criticism of the costs of intermediation put forward by The Danish Consumer Council (Forbrugerrådet).
The Federation of Danish Investment Associations says Morningstar analysis points to significantly better performance of domestic funds compared with others across Europe, with figures suggesting that half of the funds analysed have outperformed the market over relevant time horizons, against a European average of just 20%.
Denmark has become the first country in Europe to fully implement changes to its domestic fund classification system in conjunction with the European Fund Classification developed through Efama, says the country’s fund association IFR.
The Federation of Danish Investment Associations has reacted to an article on active versus passive investments in financial newspaper Børsen, with its own view on the advantages on offer from the country’s fund industry.
Tax regulation barriers must come down to attract more foreign investors, the head of Denmark’s fund association IFR says.
Balance sheets of Danish investment funds (“Investment Associations”) show that local investors have been shifting their profile towards taking on more risk, according to statistics published by the country’s central bank.