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Nordea moves two outperforming funds in-house

Two emerging market debt strategies previously overseen by PGIM will now be managed internally at Nordea.

Thede Ruest will now be responsible for the two funds. | Photo: PR

Nordea Investment Management will now manage two outperforming emerging market debt funds in-house, Citiwire Selector reports.

The EUR 1.2bn Nordea 1 Emerging Market Bond Fund and the EUR 65m Nordea 1 Emerging Market Opportunities Fund will now be under the jurisdiction of head of emerging market debt Thede Ruest's team.

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