The company said, despite the “harsh economic turndown”, it has “remained committed to offering relevant solutions to the Spanish market”.
Christophe Girondel, global head of distribution at Nordea, said: “Our focus on stability and providing outcome solutions has allowed us to gain the trust of Spanish investors.
“We would like to thank them for their confidence. Our decision also reflects the belief that in coming years, Spain will return to become one of the strongest economies in Europe.”
Nordea Asset Management, which is part of the Sweden-headquartered Nordea Group, also has a presence in Cologne, Copenhagen, Frankfurt, Helsinki, London, Luxembourg, Milan, New York, Paris, Sao Paulo, Singapore, Stockholm, Vienna and Zurich.
