OP merges three funds, plans to launch more dark green products

After weak performance and low investor interest, OP plans to merge some of its micro and small cap funds. Micro caps have been having a particularly hard time and managing the asset class requires a lot of resources, says CEO of OP Asset Management Tuomas Virtala.

CEO of OP Asset Management Tuomas Virtala. | Photo: OP PR.

by REETA ILONA PAAKKINEN

Finland’s OP Asset Management is merging its two Nordic micro-cap funds into its Finland Small Cap fund in order to do away with overlaps in product range and because of low client demand and weak performance.

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OP merges three funds, plans to launch more dark green products

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