Zurich, 4 June 2025 — The approval by the Swiss Financial Market Supervisory Authority marks an important step in Nordea Asset Management’s ambition to deepen its presence in Switzerland and expand its footprint in the institutional segment.

In a key milestone, Nordea Asset Management (NAM) officially has been granted a license as a manager of collective assets by the Swiss Financial Market Supervisory Authority (FINMA). This follows its 2024 entry into the Swiss institutional market with the appointments of Carl Hollitscher as Head of Institutional Clients Switzerland and Cynthia Strahm as Senior Relationship Manager. While NAM was already licensed to distribute funds to the wholesale market, the new license enables it to manage institutional mandates as well.

“Securing the FINMA license is a key step in our ambition to grow in Switzerland. It allows us to engage more directly and flexibly with local institutional investors,” says Cristian Pappone, Regional Head Switzerland, Austria, and Liechtenstein at NAM.

The license follows NAM’ strong global performance in 2024: the firm raised close to €5 billion in new mandates focused on responsible investment, climate and decarbonisation, highlighting the growing confidence from many asset owners in its ability to integrate sustainability into long-term investment strategies. [Find out more]

In Switzerland, demand from pension funds and institutional investors continues to grow, particularly for sustainable and customized solutions. Earlier this year, NAM signed its first agreement with a cantonal bank under a new strategic partnership model for the BetaPlus product line. This enhanced indexing strategy, which has over EUR 60 billion in assets under management, aims to offer strong excess returns through a proven quantitative approach and allows extensive customization, including benchmarks, tracking error limits, and decarbonization goals.

As one of Europe’s leading asset managers, NAM combines scale with regional expertise to deliver compelling, sustainable investment solutions across equities and fixed income. “With our experienced team on the ground and regulatory framework now in place, we look forward to deepening relationships with Swiss institutional investors and serving as a long-term, trusted partner,” adds Pappone.