Nordea AM snaps up Asian financial stocks during global rout

When half a trillion is wiped off in market cap value globally in financials, it’s hard to not find something that’s interesting, says Hilde Jenssen, Nordea’s head of fundamental equities.
Hilde Jenssen, head of fundamental equities at Nordea Asset Management. | Photo: Nordea
Hilde Jenssen, head of fundamental equities at Nordea Asset Management. | Photo: Nordea
By Ishika Mookerjee / Bloomberg

Nordea Asset Management saw an opportunity in this month’s rout and bought Asian financials, as it remains bullish on the sector’s earnings growth prospects.

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