Swedish online bank and trading platform Nordnet sees mutual funds as a prioritized area for its future growth and has applied to the financial supervisory authority for a permit to launch its own fund company.
The platform already offers several funds through external partnerships that are distributed under the Nordnet brand. Some of them have been managed by Öhman and several index funds were launched last year in partnership with JP Morgan. These funds have SEK 25bn (EUR 2.45bn) in assets under management, CEO Lars-Åke Norling tells AMWatch in an interview.
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