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US-based asset manager to open Stockholm office in Nordic business push

The new branch aims to service existing clients and attract more Nordic investors.

Photo: Ritzau Scanpix.

Legg Mason is in the process of opening an office in Stockholm to service Nordic-based clients, writes fbnw.se.

The Baltimore-based asset manager, with USD 747bn in AUM, has applied to open the branch, which isstill pending the approval of Sweden’s FSA regulator, according to Peter Andersson, head of Nordics at Legg Mason.

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