Nordea reopens €15.2bn Stable Return fund

Nordics asset management firm Nordea has reopened its blockbuster unconstrained multi-assets fund Nordea 1 – Stable Return Fund to new investor subscriptions since 22 May 2018, the firm announced.

This follows a drop in assets for the fund, which had been closed to new investors in September 2016.

The Nordea 1 – Stable Return Fund tallied €15.2bn of assets under management as of end April 2018 with some 48.2% of assets invested in developed markets equities.

It is overseen by Nordea’s multi-assets team led by Asbjørn Trolle Hansen with Claus Vorm and Kurt Kongsted, both co-deputy head of the unit.

As of end December 2017, over €100bn of assets were overseen by the manager’s multi-assets team.

Adrien Paredes-Vanheule
Adrien Paredes-Vanheule is deputy editor and French-Speaking Europe Correspondent for InvestmentEurope, covering France, Belgium, Geneva and Monaco. Prior to joining InvestmentEurope, he spent almost five years writing for various publications in Monaco, primarily as a criminal and financial court reporter. Before that, he worked for newspapers and radio stations in France, in particular in Lyon.

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