MiFID medicine may be poison for small firms, warns Nordea AM

The head of Nordea Asset Management says new rules targeting conflicts of interest in his industry are hurting smaller fund managers as they struggle to keep up with the demands.

Nils Bolmstrand Head of Nordea Asset Management is worried about smaller asset managers ability to pay for research after implementation of MIFID II.

Frances Schwartzkopff, Bloomberg News

Nils Bolmstrand, chief executive officer of Nordea Asset Management a unit of Nordea Bank which oversees about USD 257 billion says new industry rules may end up being a case of the medicine killing the patient.

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MiFID medicine may be poison for small firms, warns Nordea AM

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Front page now

AP2 teams up with think tank to identify deforestation exposure in global portfolios

Loss-making trading platform plans to delist

BlackRock: High number of US investors plan to increase allocation to green transition

Despite predicting more losses, Alecta is prepared to increase Heimstaden investment

Asset management giant in the wake of the crisis: Foreign investors are looking to the Nordics again

Nicolai Tangen is a huge fan of the Women in Finance Charter but stresses that promotions must be fair

Startup bets wood can make wind turbines even greener

Pension funds abandon dialogues with oil majors and divest shares

Analysis: Will Nordic investors take the lead in the battle of biodiversity?

Swedish asset manager kicks off new fund with leading Nordic institution

More than one third of managers do not report ESG violations to Varma, despite shared values

Danish FSA criticizes investment funds for inadequate evaluation between costs and returns

Further reading

Asset management giant in the wake of the crisis: Foreign investors are looking to the Nordics again

BlackRock: High number of US investors plan to increase allocation to green transition

Nordics show clear appetite for new asset classes, BlackRock survey reveals

Mandatum, Handelsbanken and Storebrand were the real winners of Q2

Norwegian investment firm loses 63% of its capital after billionaire pulls out

Danske Bank finances fossil fuel companies on its own blacklist

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