Alpcot takes over customers after financial house loses permit

Swedish financial house Nord Fondkommission's authorization was withdrawn last week. Financial platform Alpcot will now take over its customers.

Björn Bringes, CEO of Alpcot | Photo: PR / Alpcot

by MIRZA GAZIC

Last week, the Swedish FSA pulled the plug on Nord Fondkommission after a long investigation the advisory practices, as well as those of its affiliated agents. This was reported on extensively by the Swedish media as well as AMWatch.

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Alpcot takes over customers after financial house loses permit

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Watchdog pulls plug on scandal-plagued firm with distribution ties to fund managers

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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

Storeband increases stake in Danish infrastructure manager to become majority owner

Nordic institutional investors still see potential in beleaguered Swedish battery producer

New Nordic high yield manager keeps attracting inflows

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