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Two Danish investment firms merge

Following the merger, private clients of the firm should be able to access the same investment solutions as institutional client base.

Two Danish investment firms merge

Spektrum Fondsmæglerselskab and Secure Fondsmæglerselskab merged on 1 January 2021, the investment firms announced.

The combined operations will be called Secure Spektrum.

Jan Grænge will serve as chief executive officer of the firm, while Søren Dal Thomsen, who is chief investment officer, will be in charge of investments and customer relations. Chief financial officer Signe Kjær Hansen will oversee finance and compliance.

Grænge said the demand for experience of independent asset managers is on the rise and the merger was an obvious choice.  It will also allow Spektrum customers to access direct property investments, where Secure has a well-functioning set-up.

Meanwhile, Secure clients will benefit from Spektrum’s access to investment products and managers, which until now have been available only for the largest institutional investors.

Secure Spektrum will be offering a wide range of both liquid and alternative investment solutions.

Andreas Weilby, chief operating officer of Spektrum, has featured in Citywire Selector’s Top 100 list several years in a row.

It is understood the final organisational chart has not been published. However, Weliby is likely to become the daily COO of the investment team.

This will see Weilby involved in the manager selection and portfolio management, and will be be supported by the two manager selectors, Jakob Hommel and Martin Sønderskov Nielsen.

The merged firms will have DKK42bn (€6bn) in assets under management, which should provide the necessary scale for both private and institutional clients to pay the same fees. 

‘By joining forces, we will form Denmark’s strongest platform for independent asset management, and as a result we are a real alternative to the big banks,’ Søren Dal Thomsen and Jan Grænge said.

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