Scottish Widows Investment Partnership has appointed a new head for their Nordic operations.
As head of the Nordic region, Andre Andrzejsson, although based in London, will be responsible for building on SWIP’s successes in Scandinavia and is expected to expand the business in the region, with a specific focus on the institutional market.
The company says Andrzejsson - who is an Icelandic national born and raised in Sweden - has considerable experience of the Scandinavian financial markets having previously worked as business development director for Skandia Global funds in Stockholm, and in Scandinavian institutional sales at GAM UK.
He will join SWIP from his current role as sales and marketing director at CDK Group, and will report to Peter Zurhorst, head of Northern Europe at SWIP.
The Nordic market has become increasingly important for SWIP, as it was recently appointed by AMF Pension - one of Sweden’s leading pension providers - to manage a European small cap mandate, one of the first times AMF has outsourced management to an external provider.
In addition, SWIP’s interests in the Nordic region include managing a real estate securities mandate for Tapiola Asset Management, part of the Finnish Tapiola finance services group.
Zurhorst says Andrzejsson brings considerable knowledge of the Scandinavian financial markets to this role, combined with impressive sales experience, which he will be able to use to drive SWIP’s business forward in the Nordic market.
He adds: “Andre joins SWIP at an interesting time in its international development. We are seeing increased interest for our funds across the Nordic markets, as a result of consistent strong fund performance and our research-driven investment philosophy. We look forward to continued success in this market”
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