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Asset managers see Icelandic investors going abroad

Leading asset managers from Nordic fund houses expect an upturn in business from Icelandic investors following a relaxation of the country's capital control.

Photo: Ritzau Scanpix

SKAGEN CEO Tim Warrington, based in Stavanger, Norway, and Robert Heaney, head of Nordics at M&G Investments' Stockholm office, are both convinced that Iceland is becoming an attractive market for asset managers.

In interviews with web media Funds Europe, they point towards the relaxation of capital regulations in Iceland, which went into effect last year.

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