Clash of giants in Nordea: Cevian founder Gardell enters home turf of Björn Wahlroos

Swedish activist investor Cevian Capital has announced a 2.3 percent holding in Nordea Bank. The move by Cevian founder Christer Gardell was promptly dubbed "the starting point of a clash of giants" by major Swedish business daily Dagens Industri.

Activist investor Christer Gardell sees an upside in Nordea. | Photo: Cevian Capital

BY HELLA ANDERSEN

On the last trading day before Christmas, Swedish investment firm Cevian Capital announced a 2.3 percent holding in Nordea Bank and said it expects to join Nordea Bank's nomination board.

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Clash of giants in Nordea: Cevian founder Gardell enters home turf of Björn Wahlroos

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Swedish investor triples money with Danske Bank stake

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Front page now

Companies are more responsive when voted against, Amundi's engagement head says

Keva to buy EUR 6.4bn of equities as part of risk increase

Capital Four in new hires for its New York office

The world's most comprehensive wealth redistribution in history is on the horizon

Troubled Swedish landlord gets USD 720m cash boost in Brookfield deal

Significantly smaller exit packages to Möger Pedersen's peers

Analysis: Will Nordic asset managers ever attract more female portfolio managers?

Finnish pension giant is increasing risk "significantly" to grow returns

Denmark's new green bond faces lower 'greenium'

AkademikerPension increases focus on biodiversity

Goldman raises USD 14bn for private equity secondaries fund

Only one Nordic fund market increased its AUM in August

Further reading

Capital Four in new hires for its New York office

Keva to buy EUR 6.4bn of equities as part of risk increase

The world's most comprehensive wealth redistribution in history is on the horizon

Significantly smaller exit packages to Möger Pedersen's peers

Troubled Swedish landlord gets USD 720m cash boost in Brookfield deal

Analysis: Will Nordic asset managers ever attract more female portfolio managers?

Jobs