Nordea Asset Management shuts down externally managed high yield bond fund

Investors' lacking interest has led to the closure of a Nordea low duration bond fund managed by Copenhagen-based Capital Four.
The Nordea fund was managed by Capital Four.
The Nordea fund was managed by Capital Four.
BY HELLA ANDERSEN

Nordea Asset Management has closed a high-yield bond fund due to less than EUR 1m in assets under management, according to news site Citywire Selector.

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