trending Market Intelligence /marketintelligence/en/news-insights/trending/uydacw9vsyqxlyrzwrxcna2 content esgSubNav
In This List

Norway's DNB opts for index tracking in US, European mutual funds

Podcast

Street Talk | Episode 94: Recessionary fears in ’22 overblown, Fed could overtighten

Blog

Insight Weekly: Ukraine war impact on mining; US bank growth slowdown; cloud computing headwinds

Blog

Investment Banking Essentials Newsletter April Edition - 2022

Blog

Banking Essentials Newsletter April Edition - 2022


Norway's DNB opts for index tracking in US, European mutual funds

Norwegian lender DNB ASA will move its mutual funds to index-tracking from active management in response to the market's demand for "broad, index-based strategies," Reuters reported Aug. 14.

The change will mean a reduction in fees, DNB said, adding that the move would take effect Aug. 16. The bank's European fund has about US$100 million in assets, while its U.S. fund has about US$39 million in assets, the report noted.