SaxoSelect Reports 14 Percent Increase in AUM for Q3 of 2018
Posted: Mon Oct 08, 2018 11:05 pm
Danish investment bank, Saxo Bank, released a report this Tuesday indicating that a segment of its SaxoSelect service saw a surge of activity in the third quarter of 2018.
SaxoSelect is an automated trading and investment service. It allows clients of the Danish bank to invest in pre-selected portfolios offered by different investment advisers like Morningstar and BlackRock.
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According to Saxo Bank’s statement, assets under management in SaxoSelect’s Managed Trading Strategies rose by 36 percent in the third quarter of this year. That increase came despite economic uncertainty and the riskier nature of ... (read more)