Nordea Pushes Further Into Emerging Markets With New Debt Fund

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Photographer: Casper Hedberg/Bloomberg
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Scandinavia’s largest bank wants a bigger chunk of emerging markets asset management.

Nordea Bank AB is adding a new emerging market debt fund, Nordea 1 Emerging Markets Total Return Fund, in November, according to Thede Ruest, head of emerging markets debt at Nordea Asset Management.