Nuveen uses regulatory requirements as competitive edge in search of partnerships with Nordic investors

While increased FSA scrutiny of pension funds' investments in alternatives has become an industry challenge, it has turned out to be a gift for one of the world's largest asset managers, says its Head of Continental Europe. "We face the same challenges as Nordic pension funds and consider it a strength to operate in a similar way," he explains.

Nuveen Sr. Vice President & Portfolio Manager Daniel Close, third left, is applauded as he rings the New York Stock Exchange opening bell, Tuesday, June 27, 2017. | Photo: Richard Drew/AP/Ritzau Scanpix

Trillion-dollar asset manager Nuveen recently opened an office in Copenhagen following AUM growth of more than 50 percent in three years. This development was due to inflow from some of the region's largest pension funds, including Swedish state buffer funds AP1 and AP2 and Danish duo PFA and Pensam.

According to Nuveen Head of Continental Europe Per Frederiksen, Nuveen already had a reasonable business scope of several billion USD before he took the wheel in 2016.

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