Standard Life to manage Nykredit’s European Corporate Bond portfolio
UK manager Standard Life Investments has been appointed to manage Denmark’s Nykredit’s €80m segregated European Corporate Bond portfolio.
The lead manager is Craig MacDonald, head of investment grade Corporate Bonds, and the portfolio will be managed within Standard Life Investments’ corporate bond team, in a similar fashion to its European Corporate Bond Fund Sicav.
Åsa Norrie, Standard Life Investments joint head of European business and head of Nordic region, said: “We are very pleased to have secured Nykredit as a client. They are a highly successful Danish investor with an excellent reputation in Denmark and beyond. This appointment comes after a rigorous selection process. It demonstrates the strength and reputation of our fixed income capability in the Nordic Region. I and the rest of the team at Standard Life Investments look forward to working with Nykredit and building upon this important relationship.”