Nordea Asset Management starts regional buildout

Nordea Asset Management is in the process of building a new distribution platform in Singapore and aims to partner with a sub-adviser in Hong Kong or Singapore. The firm, part of Sweden's Nordea Group, will add one senior sales executive to the distribution platform in the Lion City by the year-end, and is likely to hire a second in January, Philippe Graffart, head of fund distribution for Asia Pacific, tells AsianInvestor. Graffart and these two executives will be tasked with s…