Nordic investment platform Nordnet and US investment bank JPMorgan launch four new index funds through a partnership.
The new index funds provide access to four markets – Europe, the US, global and emerging markets, writes Nordnet in a press release.
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95 percent of active global high-yield managers struggle to consistently add value net of fees, according to the world's fourth-largest asset manager ahead of launching a global HY index fund. However, a recent survey by consultancy Kirstein showed a vast majority of Nordic investors preferring their HY portfolios actively managed.