Wealth Manager - the site for professional investment managers

Register to get unlimited access to all of Citywire’s Fund Manager database. Registration is free and only takes a minute.

Nordea unveils GEM small cap & unconstrained bond funds in quadruple launch

Nordea unveils GEM small cap & unconstrained bond funds in quadruple launch

Nordea Asset Management has expanded its range with four funds, spanning fixed income and emerging market equities.

Nordea’s Unconstrained Bond fund will be managed by MacKay Shields, a US-based credit specialist that runs almost £50 billion of assets. It seeks to find opportunities within fixed income through multi-sector asset allocation and active duration management.

The Nordea Emerging Markets Small Cap fund will be run by a Boston-based small cap boutique, Copper Rock Capital Partners. Copper Rock employs bottom-up stock selection, based on a blend of quantitative and fundamental research.

The Nordea Chinese Equity fund will be managed internally by Nordea’s international focus equity team, which uses fundamental research to create a concentrated high-conviction portfolio of Chinese equities. The fund intends to back stocks benefitting from a more consumer-driven economy.

The Nordea Nordic Corporate Bond fund will also be run internally by Nordea’s credit team, and will not invest in debt issued by the financial sector.

‘By employing a multi-boutique approach combining internal strengths with external competences, know-how and quality in investment, fund management becomes possible across a broad product range,’ said Christophe Girondel, head of global fund distribution at Nordea.

Leave a comment!

Please sign in or register to comment. It is free to register and only takes a minute or two.
Citywire TV
Play Commodity conundrum, beleaguered bonds and a US dilemma

Commodity conundrum, beleaguered bonds and a US dilemma

This week’s episode of Investment Pulse looks at the impact of falling commodity prices on banks, dangers of negative yield curves and whether US equities can continue to deliver.

Play Mirabaud's Pyshkin: The US will continue to grow dividends

Mirabaud's Pyshkin: The US will continue to grow dividends

The global equity income manager has invested half of his fund here.

Play Potential US rate rise, cheap oil & the Europe opportunity

Potential US rate rise, cheap oil & the Europe opportunity

This week we analyse the implications of a possible rise in US interest rates, the impact of cheap oil and the European equity opportunity.  

Wealth Manager on Twitter