Nordea Asset Management (NAM) has made some organizational changes that impact both its investment organization and product office department.
One of the initiatives is that the three-year-old machine learning division has been closed as the business case can't be achieved, an internal memo to NAM's employees states. The project was started up in the credit space as a tool for the security selection process, Jens Rygaard, CIO in Fixed Income and Equities told AMWatch in September 2017. The remains of the product will be transferred to NAM's Credit Fixed Income boutique.
Already a subscriber? Log in.
Read the whole article
No credit card is needed, and you will not be automatically signed up for a paid subscription after the free trial.
- Access all locked articles
- Receive our daily newsletters
- Access our app
Get full access for you and your coworkers.Start a free company trial today
Your trial for AMWatch has now started
With your free trial you get:
Full access to all locked articles on AMWatch.
Daily newsletter and ongoing top-newsletters. You can unsubscribe and subscribe to our newsletters anytime.
When your trial period expires
You will not be transferred to a paid subscription.
You will continue to receive our newsletters after the trial period expires. You can unsubscribe at the bottom of each newsletter.