Nordea launches multi-asset fund for UK market

Seeded with £250m

Nordea Asset Management has launched a multi-asset fund seeded with £250m from a large UK financial group.

The Nordea 1 - GBP Diversified Return fund, is run by the group's 40-strong multi-asset team, headed by Asbjørn Trolle Hansen (pictured). The team has worked together since 2003 and oversees almost £50bn of assets. Thomas Nehring, head of UK and US institutional distribution at Nordea, said: "The Nordea 1 - GBP Diversified Return fund is an ideal solution for UK investors, who are increasingly seeking managers with a proven track record. Nordea EM manager: Chinese stocks can buck economic outlook "We have already received our first UK investment consultant ratings and are pleased to...