Peers may launch defense funds sooner or later, but Nordea is unlikely to join in, says head of AM

Whilst Nordea does not wish to expand its defense investments, it does plan to broaden its product range in other areas, says head of Nordea Asset & Wealth Management Snorre Storset.
Snorre Storset, head of Nordea Asset & Wealth Management. | Photo: Nordea / PR
Snorre Storset, head of Nordea Asset & Wealth Management. | Photo: Nordea / PR

Whilst it is probable that the asset management industry will sooner or later see funds focusing solely on defense sector companies, Nordea is unlikely to participate in such a move, says head of Nordea Asset & Wealth Management Snorre Storset.

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