Activist investor strengthens ownership position at Nordea

Christer Gardell's firm Cevian increases its holdings in the Nordic bank and is closing in on Blackrock's position as the second largest shareholder. With SEK 12bn (EUR 1.18bn) coming in from a recent sale, Cevian will have "great opportunities for new investments," according to Gardell.

by MIRZA GAZIC

Swedish activist investor Cevian Capital is further strengthening its position as a major shareholder in Nordic banking giant Nordea.

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Hedge fund boss ignites Swedish race debate with bias complaint

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Front page now

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Further reading

World's best EMD team still waiting for clients to return to Danske AM

Invesco seeing increased demand for Fixed income ETFs from Nordic investors

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Storeband increases stake in Danish infrastructure manager to become majority owner

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Expansion of Nordic team has paid off: Inflows to all core products for US manager