Nordea names global head of institutional clients

Christophe GirondelChristophe Girondel has been appointed global head of institutional clients, a newly created role. The distribution of Nordea Asset Management's products to external clients was previously managed by two separate units: institutional clients and wholesale fund distribution. Girondel takes over responsibility for the two client-facing units, and retains his role as global head of wholesale fund distribution. With offices in 15 countries, Nordea Asset Management serves institutional and wholesale clients worldwide, including 450 institutional investors as well as global wealth managers. The combined business units account for around 50% of Nordea’s total assets under management. Nordea Asset Management is part of the Stockholm-headquartered Nordea Group, which had €239 billion of assets under management at the end of March. ©2014 funds europe

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