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Jul 12, 2012, 08.23 AM IST
ICICI Prudentail AMC enters into a partnership with Nordea AM to capitalize on each other's respective strengths in distribution and investment expertise in the Indian and International markets.
This exclusive partnership between ICICI Prudential AMC and Nordea AM allows both entities to capitalize on each other's respective strengths in distribution and investment expertise in the Indian and International markets.
About the partnership
Under the aegis of this partnership, Nordea will showcase ICICI Prudential AMC exclusively as its Indian advisor/sub-advisor of choice throughout its Retail, Private Banking and Institutional segments across Europe. ICICI Prudential AMC will offer advisory/sub-advisory to Nordea AM's, India focused assets. Nordea AM has expressed its favor for the Multi-Cap Investment Strategy followed on the lines of ICICI Prudential's Dynamic strategy; a strategy that is suited to tackle volatility, which is an established part of markets post the financial crisis
The partnership flags off with:
Allan Polack, CEO of Nordea Asset Management said "We are happy to have a partnership with ICICI Prudential AM - a leading and competent asset manager. Our partnership is a matter of close cooperation, knowledge-sharing and developing new opportunities for the European and Indian markets."
Tags: ICICI Prudential Asset Management Company , Nordea Investment Management AB, ICICI MF and Nordea AM partnership,
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