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.
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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