Foreign asset managers open more offices in "attractive" Nordics
The rivalry between global asset managers in the Nordics is gradually sharpening, increasing the need for firms in the race to set up a physical presence locally. AMWatch quizzes the Nordic heads of major firms from Canada, US and Germany to discover the reasons behind the trend.
The Danish defense industry has encouraged pension funds in the country to look more positively at investments in weapons. ”We would like it to be considered ordinary societal responsibility,” says an industry leader.
Net inflows have exceeded expectations at BankInvest in Q1. The EUR 20bn manager has been criticized for some of the investments in its sustainable flagship product, but CEO Lars Bo Bertram is proud that the EUR 12bn fund has managed to beat its benchmark despite massive gains for oil and gas.