Crdit Agricole Asset Management announced the launch of the Nordic Portfolio, a new subfund within Crdit Agricole Funds, its Luxembourg-based flagship fund range for international institutional clients and third party distributors.
Due to the specific nature of the Scandinavian stock markets, the fund relies strongly on in-house specialists in European TMTs and Small Cap stocks. In addition, the fund applies Crdit Agricole Asset Management’s disciplined investment process and benefits from its extensive experience in European equity.
CA-Funds Nordic is one of the few Scandinavian equity funds that are managed by a non-domestic asset management company. Paul Kondratieff, who is based in Paris, is the manager of the CA-Funds Nordic portfolio. He explains, ” Investment in Scandinavia offers the advantages of world-class companies, market leaders in their business. A wide range of attractive and dynamic smaller companies complements this. Shareholder value culture remains a key feature in Scandinavia and is applied to both smaller and larger companies”.