First Fondene to push new RE strategy as profiled manager returns to investing
Thomas Nielsen, who previously managed one of Norway's best performing strategies, is set to return to portfolio management following an unsuccessful fund launch. Next week, Fist Fondene will launch a new fund investing in Nordic listed companies that own, develop and lease real estate – it's crucial to be picky as there are numerous available companies.
BY REETA PAAKKINEN
Promising macroeconomic conditions in the Nordic region have prompted Norway's First Fondene to expand its product range to a new fund investing in real estate companies that own, develop and lease property.
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