Nordea Asset Management has closed a high-yield bond fund due to less than EUR 1m in assets under management, according to news site Citywire Selector.
The fund Nordea 1 – Low Duration European High Yield Bond Fund was managed on a mandate basis by boutique firm Capital Four in Copenhagen -- with Sandro Naef, Torben Magaard Skødeberg and Henrik Østergard as managers.
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